Question

Long-Term Care Reimbursement

The federal and state governments are the largest payers of health care services in the United States. The largest federal programs are the Medicare and Medicaid services.

Provide a summary of Medicare and Medicaid services

In your summary, include the following points:

·      An overview of the different Medicare and Medicaid services

·      The population covered under Medicare and Medicaid services

·      The services of long-term care covered under Medicare and Medicaid, including the restrictions placed on them

Answer 1

MEDICARE	MEDICAID
For elderly people above 65 years and older	for low income group
It is a Federal program	It is a state and feral program
Medical bills are paid from trust funds	Patient usully don't pay for the medical expense, sometimes a small co-payment if necessary
Serves younger disable and dialysis patients	Does not apply
Medicare recipients pay through pay roll or self employement taxes	If required a small amount is collected
Part A (hospital care), Part B(Medical expense	Coovers basic health care costslike doctor visit and stay
If worked for 10 years at a job and paid medicare taxes then they are eligiblee	Does not apply
Covers children under 19 years	covers cost of nursing homes
Adults caring for children and even adults without dependent children are covered here	It includes assisted living facility
Part D for prescription drug cost	does not apply
limited gor long term healtcare services	includes long term healtcare services