Medicare Pros And Cons

Medicare and Medicaid are programs that have been developed to assist Americans in attainment of quality health care. Both programs were established in 1965 and are federally supported to provide health care coverage to vulnerable populations such as the elderly, the disabled, and people with low incomes. Both Medicare and Medicaid are federally mandated and determine coverage under each program; both are run by the Centers for Medicare & Medicaid Services, a federal agency ("What is Medicare? What is Medicaid?” 2008).

There are three sources of health insurance coverage, private insurance, Medicare and Medicaid. Medicare is the federal government primary health coverage for those over the age of 65; all persons in this age group are eligible for some basic coverage by Medicare. Although some may only be covered for Medicare part A (hospital coverage only) or part B (physician coverage), but most are covered for both. But for those who are not covered by both, again, presents the problem of being underinsured, which causes the problem of not seeking the medical attention when it is needed. Medicaid is the government?s program for those who are poor and those with disabilities. Private insurance is simply for those who could afford it when it is not offered by the

Medicare is provided by the government as a means of offering health insurance to those 65 years and older. If you have a Medicare plan, yours will be one of various plans offered that will cover certain things. Below is basic information on the four main plans and what they cover, so you know what you can expect to get.

Another source of health care coverage is with public health coverage in the forms of Medicare, Medicaid, and the military coverage, Tricare. Medicare is a coverage provided to

Medicare provides federal health insurance coverage to millions of elderly, and disabled Americans. As of 2015 data by the Kaiser Family Foundation, Medicare covers 55 million people. Medicare covers people age 65 and older, people younger than 65 with certain disabilities, and people of all ages with End-Stage Renal Disease, or amyotrophic lateral sclerosis (Medicare, 2015). Medicare consists of several different components, including: Part A, Part B, Part C, and Part D. This Federal health insurance program, Medicare, is financed by several sources, including taxes, revenue, and premiums. Each part of Medicare has different eligibility requirements and provides different benefits, and covered services.

Some elderly, in my opinion, believe that Medicare is an insurance program that they are entitled to. During the Great Society movement in the 40's-60's, various governmental programs were designed to provide citizens entitlements to human services and welfare needs. The Medicare and Medicaid coverage was designed to provide those that do not have any means to pay for health care a way in which they could maintain their health needs - a right that the government and society has deemed every person should be entitled to; their health. So, depending on the culture, upbringing, and personal philosophy of each elderly person, the question whether they feel Medicare is an insurance program or a welfare program is difficult to answer. I would suggest coming at this question from both sides of the argument and state why elderly may view Medicare as an insurance program and why the elderly would view Medicare as a welfare program. Also, a good way to look at this question is to ask for permission to go to a local nursing home or assisted living home and interview a few residents. Ask them

Medicare is national government run program that was developed in 1965. Medicare provides health insurance to Americans aged 65 and older who have worked and contributed to the program throughout their whole life by utilizing around 30 private insurance companies. The program also assists in providing benefits for younger people with disabilities. As well as offering Medicare in the United States a program called Medicaid is also available. Which is also a government run program, Medicaid is a state run program that provides hospital and medical coverage for people with low income (Medicare, 2015). With Medicaid being a state run program that allows each state to have different rules and regulations for who is and isn’t eligible as well as if they move across state lines. The programs listed above have helped many Americans over 65 and have a low income to be able to afford healthcare and receive the proper services for their healthcare concerns and issues. With any program and especially a government program there are going to be people who use and abuse the process which leads to Medicare and Medicaid fraud. There are many forms of fraud in Medicare and Medicaid such as billing for equipment or services that weren’t needed, falsifying health issues, dispensing generic prescriptions but billing for name brand. With there being so many types of fraud and investigations happening more and more due to the fraud that is occurring, people are finding more and more ways to

Medicare and Medicaid are both government sponsored programs but differ in who they cover and how they are governed and funded.

Medicare is a federally administered health insurance program that was started in 1965 by President Lyndon B. Johnson, taking effect in 1966. The Medicare program was aimed at aiding the high percentage of elderly individuals who were without health insurance coverage and thus improve their health. Originally, Medicare provided health insurance coverage for retirees and their spouses 65 years and older. However, in 1972 Richard Nixon signed the first change to Medicare, allowing for certain disabled persons under the age of 65 to participate in the program. Additionally, Nixon’s changes allowed anybody diagnosed with kidney failure who required dialysis or an organ transplant to receive coverage under the program.

Medicare is a social insurance program that is sponsored by the government (1). This was originally made for the long term care for the elderly people that needed health insurance (2). There are four different parts that are provided to the people that are eligible for Medicare. Part A helps pay for the hospitals. As Part B pays for all medical reasons; such as, physician visits, outpatient services, and the need for medical equipment. Part C, for example, deals with the care of people with diabetes, and Part D is to provide people with prescription drugs (1).

Medicare, enacted on 1965 is a government funded health insurance program which covers the elderly, the disabled and people with end stage renal diseases. With Medicare covering specifically the elderly and the disabled, the cost is usually on the higher side. Medicare has been in action since the last 50 years. Many even approve of expanding Medicare instead of ACA, as Medicare is government funded while ACA has much commercial involvement. Medicare is heavily subsidized and is universally

Medicare is a federal health insurance program for people over the age of 65. It also covers particular people who may have a disability and people who have End-Stage Renal Disease. There are four different parts to the Medicare program. These parts include hospital insurance, medical insurance, Medicare advantage plans, and prescription drug coverage. The program, since being created, has helped to fix many different problems, as well as help the elderly and other persons to receive health insurance.

Medicare is a federal program that was created to serve people who are over the age of 65 and don’t have private insurance. There is no financial requirement for Medicare; it is public health insurance offered to anyone over the age of 65. Medicaid is different because it a state and federal program; and there is also the financial aspect to it. In order to be eligible for Medicaid a person must have a low monthly income to receive the subsidized health care plans. A person can be eligible for both and those people receive dual eligibility according to Medicare Interactive (2017). These two programs have served the people in need for over 50 years and the creation of Obamacare has directly affected these programs.

What are Medicare insurance? Medicare are a federal health program for an individuals between the age 65 and older. Medicare has also helped certain younger people whom suffer from some type of disability and also help individual with kidney failure and need to place on a dialysis machine or need an organ transplant. Medicare insurance was created in the year 1965 it was signed by president Lyndon b, Johnson to help those American at age of 65 who was not covered by health insurance received some type of insurance this insurance will be called Medicare . In the year 1972 Medicare starts to expand their program to people with disability and also patient suffering from kidney failure that required dialysis or needed an organ transplant to

Medicare is a federal health insurance program. This program pays for a variety of health care expenses for people who are 65 and older, adults with approved medical conditions such as Lou Gehrig’s disease, qualifying permanent disabilities may be eligible. It is financed by payroll taxes, premiums paid by voluntarily beneficiaries, income taxes paid on Social Security benefits and interest earned on the trust fund investments.