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2 pages/≈550 words
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3
Style:
APA
Subject:
Health, Medicine, Nursing
Type:
Essay
Language:
English (U.S.)
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MS Word
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Total cost:
$ 8.64
Topic:
Medicare Funding and Reimbursement
Essay Instructions:
Medicare Funding and Reimbursement
Since Congress passed Medicare in 1965, the program has been subject of countless debates on topics ranging from reimbursement rates to the potential bankruptcy of Medicare.
As the fourth assignment, using the literature already provided and those you find yourself, discuss the services provided by Medicare Part A, Part B, and Part D. What are the costs of funding each individual program and what is the financial state/health of the entire Medicare program? Include in your discussion any projections of when funding for the Medicare program will be depleted.
SLP assignment expectations:
Use the information in the modular background readings as well as resources you find conducting research on the World Wide Web. Please be sure to cite all sources and provide a reference list at the end of the paper.
Length: 2-3 pages typed and single spaced.
The following items will be assessed in particular:
1. Your understanding of the services provided by Medicare Part A, Part B and Part D.
2. Your understanding of the costs of funding the individual Medicare Part A, Part B and Part D programs.
3. Your understanding of the financial health of the entire Medicare program and discussion of projections of depleted resources.
Essay Sample Content Preview:
Running head: HEALTH AND MEDICINE
Medicare Funding and Reimbursement
Name:
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Medicare Funding and Reimbursement
Many people realize that they cannot afford insurance coverage or medical expenses. This gives them hard time in their lives. It is obvious that one must choose between money and good health. Medicare was initiated by government of United States to assists people who concern with their health care bills. Knowing how Medicare operates will assist people to decide on which program will be suitable for their needs. Medicare is an insurance program which it provides health insurance services for people (Walshe, Smith, 2006). To qualify for the programs, a person should be citizen for the united states, and if a person is not a citizens of that country, then he can talk to social security administration for be eligibility.
Discuss the services provided by Medicare Part A, Part B, and Part D
Medicare is divided four programs; such as: part A, part B, part C and part D. Part A claims that Medicare aims at providing insurance. It allows people not to pay premiums in this coverage. This section provides for home and hospice health care, nursing facilities for inpatient care, and inpatient access medical services. Part B it is a medical insurance that pays for required services provided by the firm. However, people have pay for premiums to gets this service. It provides outpatient care, health care at home, doctors’ services, and occupational therapists services. Part C is the combination of part A and B. But it provide by private insurances firms acknowledged by Medicare. This enables patients to access extra benefits at low costs. Part D is drug coverage insurance which expects people to pay for the premiums. It has different plans that cover for drug expenses (Gokhale, 2008). A patient can chooses which drug plan is suitable for him.
What are the costs of funding each individual program?
The government i...
Medicare Funding and Reimbursement
Name:
University:
Course:
Tutor:
Date:
Medicare Funding and Reimbursement
Many people realize that they cannot afford insurance coverage or medical expenses. This gives them hard time in their lives. It is obvious that one must choose between money and good health. Medicare was initiated by government of United States to assists people who concern with their health care bills. Knowing how Medicare operates will assist people to decide on which program will be suitable for their needs. Medicare is an insurance program which it provides health insurance services for people (Walshe, Smith, 2006). To qualify for the programs, a person should be citizen for the united states, and if a person is not a citizens of that country, then he can talk to social security administration for be eligibility.
Discuss the services provided by Medicare Part A, Part B, and Part D
Medicare is divided four programs; such as: part A, part B, part C and part D. Part A claims that Medicare aims at providing insurance. It allows people not to pay premiums in this coverage. This section provides for home and hospice health care, nursing facilities for inpatient care, and inpatient access medical services. Part B it is a medical insurance that pays for required services provided by the firm. However, people have pay for premiums to gets this service. It provides outpatient care, health care at home, doctors’ services, and occupational therapists services. Part C is the combination of part A and B. But it provide by private insurances firms acknowledged by Medicare. This enables patients to access extra benefits at low costs. Part D is drug coverage insurance which expects people to pay for the premiums. It has different plans that cover for drug expenses (Gokhale, 2008). A patient can chooses which drug plan is suitable for him.
What are the costs of funding each individual program?
The government i...
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