Medicare and Medicaid

As Americans, do we not have the right to provide for and protect our families? In 2010, the largest overhaul of the health care system, since Medicare, began with legislation for The Patient Protection and Affordable Care Act(PPACA), also known as Affordable Care Act(ACA) or commonly identified as Obama Care. This legislation brought care to American families that had never participated in a health care program, or never acquired health insurance because of financial hardship (Thompson).…

As the population shifts to the point that there are more patients than nurses in the workforce it is essential that healthcare becomes more effective, efficient, economical, and safe (Wilson, Whitaker, & Whitford, 2012). As a director of nursing I am responsible for the nursing care, staff and budget. In my discussion I will discuss three business principles that will allow my company to remain finically sound while still providing quality, safe, and effective nursing. The first business…

The formation of Medicare had a history of more than 50 years before it was signed into law in 1965 by President Lyndon B. Johnson. From the conceiving of an idea for a national insurance system when Teddy Roosevelt ran for president in 1912, much planning, discussion, debate, and unsuccessful pushing occurred before the insurance system became reality during the terms of President Harry S. Truman and President John F. Kennedy. After many adjustments, an individual who is 65 and older or is…

receive care in all 50 states. The Medicare program moved forward in 2003 with Part D, The Medicare Prescription Drug Improvement and Modernization Act (MMA). Starting in 2010, the long hall forward to have a more universal healthcare system was passed as most would know as The Obamacare and to others know it in the form of the Affordable Care Act (ACA). The goal of ACA was to make sure all in the U.S citizens had access to healthcare. The increase of Medicaid patients increased to and those…

Medicare is the government sponsored health insurance program available to seniors 65 years of age and older, those under 65 years of age with specific disabilities, and those with end stage renal disease. Medicare has four parts: A and B (Original Medicare), C (Medicare Advantage), and D (Prescription Drug Insurance). Before the ACA, Part D of Medicare worked as follows: a person would pay 100% of drug costs until they reached…

coverage to eligible children, through both Medicaid and separate CHIP programs. CHIP is administered by states, according to federal requirements. The program is funded jointly by states and the federal government (Medicaid, 2015). Children's Health Insurance Program (CHIP) provides health coverage to more than 43 million children, including half of all low-income children in the United States. The federal government sets minimum guidelines for Medicaid eligibility but states can choose to…

healthcare in and out so we can implement and decide what direction we need to direct our staff everyday.. We need to understand the impact modern medicine has, why healthcare cost is rising, what major issues we are facing, understanding Medicaid and Medicare and the current state of national health policy. If we were to change one thing it would have to be that there would be a cap on how things are charged so that people were not overcharged for something just because the doctor…

Medicare Part D is a federal program that reduces the cost of prescription drugs for Medicare recipients. To become eligible for Part D coverage you must be entitled to Medicare Part A and B. Beneficiaries can receive coverage by selecting from a pair of private plans: Prescription Drug Plan (PDP) for drug coverage only or they can choose Medicare Advantage (MA), which is a plan that covers both medical services and prescription drugs. The changes that will affect Medicare will not change…

The paper below discusses what Medicare and Medicaid are. It also talks about who is eligible for these two programs, and what they consist of. Medicare offers 4 different parts of health care. Part A, B, C, &D. These parts focus on hospital and medical insurance, as well as prescription drug coverage. Medicaid offers many different programs, such as programs for children, long term care facilities, and community and home-based patient’s. The program that they offer for children is called CHIP,…

utilization of healthcare services in order to save money through the Medicare program. “Although the administration talks about making Medicare more efficient, three separate reports by the Congressional Budget Office (CBO) have concluded that the pilot programs and the demonstration projects that are supposed to find these efficiencies are not working” (Goodman, 2015, para. 30). The only program that has uncovered inefficiencies is the Medicare Advantage program, but policy makers are moving…