Compare And Contrast Healthcare And Medicare
Compare Medicaid and Medicare
Medicare and medicaid are health insurance programs that provides assistance in receiving healthcare. Medicare is a federal insurance program originally designed to protect people that are 65 years of age and those who are older from the rising costs of healthcare. That program covered 48.8 million people (about 16 percent of the U.S. population) at a cost of more than $554 billion annually in 2011 (page 324). Two parts of the program includes Part A, the hospital insurance program, which covers inpatient hospital services, skilled nursing care, home health services, and hospice care, and the physician services program. Part B covers physician services, outpatient hospital services, and therapy. This is all financed
Medicare and medicaid are health insurance programs that provides assistance in receiving healthcare. Medicare is a federal insurance program originally designed to protect people that are 65 years of age and those who are older from the rising costs of healthcare. That program covered 48.8 million people (about 16 percent of the U.S. population) at a cost of more than $554 billion annually in 2011 (page 324). Two parts of the program includes Part A, the hospital insurance program, which covers inpatient hospital services, skilled nursing care, home health services, and hospice care, and the physician services program. Part B covers physician services, outpatient hospital services, and therapy. This is all financed