Question

In: Accounting

what are the advantages of medicaid expansion to patients, providers,states and the federal government?

what are the advantages of medicaid expansion to patients, providers,states and the federal government?

Solutions

Expert Solution

ANSWER-

MEDICAID EXPANSION - Medicaid expansion refers to the program focuses on expansion of medicare help to all the people, more likely to low-income and poor peoples. This provides many benefits to the people, patients, and also state and federal government.

BENEFITS OF MEDICAID EXPANSION TO PATIENTS -

  • Now, patients can take proper health facilities.
  • Patients can also, take advantage of expensive treatments which is needed for his/her wellness.
  • Now, patient of every level can afford health check-up, treatments at lower prices.

BENEFITS OF MEDICAID EXPANSION TO PROVIDERS, STATE AND FEDERAL GOVERNMENT -

  • ​​​​​​​​​​​​​​​​​​​​​​​​​​​​It will reduce poverty from the state and country, as when the medic care facilities will available to all, it will create healthy state by which more people will urge to do jobs.
  • It leads to increase in job creation, as increase in medicaid expansion will increase heath care jobs.
  • It increases economic growth and national income.

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