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Medicare and Medicaid - Essay Example

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Medicare and Medicaid Government programs such as Medicare and Medicaid was created by President Lyndon B. Johnson on July 30, 1965. Medicare and Medicaid cater medical and health-related concerns among people of the United States. Both of these health programs serve millions of U.S…
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Medicare and Medicaid
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Medicare and Medicaid

Download file to see previous pages... A state sets its own eligibility standards. Qualifying for eligibility depends upon age, pregnancy and disability status, citizenship, and other assets. The state includes individuals who receive federally assisted income-maintenance payments and who do not receive cash payments. Medicaid focuses on the group who needs the outmost assistance due to financial instability. Federal poverty line level (FDL) determines the families who will receive the Medicaid program. However, not all the poor benefit from or receive the Medicaid program. Among poor groups in America, about 60% are not covered by the Medicaid program. Under the Medicaid, the state makes an agreement with the Health Maintenance Organizations (HMOs) to pay the health care providers and reimbursed Medicaid expenditures from the Federal Government. All Medicaid beneficiaries are exempted from copayments for emergency services and family planning services and exclude pregnant women, children under age 18, and hospital or nursing home patients. On the other hand, Medicare is a social, health insurance program intended for the elderly and disabled Americans. Medicare has four parts. Part A and B deal with hospital insurance while part C and D deal with prescription drugs. ...Download file to see next pagesRead More
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