Research Paper on Importance of Medicare

17 Oct

Research Paper on Importance of Medicare

Medicare is the federal health coverage plan that offers coverage to elderly people who are 65 years old and above, a specific group of young people with disabilities and people with end-stage renal disorder. It normally offers hospital insurance, medical insurance, and prescription drug insurance.

Hospital insurance entails coverage for the inpatient hospital stay, care in the skilled nursing facility and some home health. The medical coverage, on the other hand, offers coverage for the specific services of the doctor, preventive services and outpatient care.

Medicaid, on the other hand, is a combined federal and state insurance plan that offers coverage to millions of the citizens of the USA who are living with low-income levels including the adults, pregnant women, children along the people with disabilities.

This program is normally administered by the states in strict adherence to the federal requirements. Moreover, to serve a more vulnerable population, the program can be modified to alter the criteria for selecting eligibility for the program. This essay, therefore, offers a discussion on how Medicare affects medical billing, qualification for Medicare and Medicaid benefits and the effect ACA had on the Medicare and Medicaid recipients.