Question

In: Operations Management

Examine at least two (2) eligibility requirements for Medicaid. Debate the extent to which you agree...

Examine at least two (2) eligibility requirements for Medicaid. Debate the extent to which you agree with the fairness of these requirements. Provide support for your rationale.

Analyze two (2) changes to Medicaid resulting from the implementation of the Affordable Care Act. Determine the impact that these changes will have on both Medicare eligibility and your state government’s fiscal responsibility. Provide examples to illustrate the impact of such change.

Solutions

Expert Solution

Medicaid is the joint initiative of Federal Government and State Government, which aims at providing maximum coverage to the Americans. It is the largest health coverage source of the USA.

Two Eligibility Requirements of Medicaid:

  • Individual must be of age 65 or older
  • Have a permanent disability

Overview of Affordable Care Act

  • Also known as Obamacare Act
  • Came into law in the year 2010
  • The objective of passing this law
    • to provide affordable health insurance coverage to the citizens of USA
    • To expand the Medicaid program, thus covering all citizens below federal poverty level
    • Encourage and facilitate innovative medical delivery methods
  • 54% Americans opposed this Act in 3 years of its approval
  • Trump Government is planning to repel this act

Benefits of Obamacare

  • Decreases the health care cost substantially
  • Eliminates any kind of lifetime limits
  • Requires all insurance plans to cover the 10 critical health benefits, thus lowing the customers expenses on the same
  • Covers individuals having a prior health problem
  • Provides easier access of insurance options to consumers
  • Children can be covered in the name of parents till they attain the age of 26
  • Tax credits on premium is made available to middle class consumers

Disadvantages of Obamacare

  • Overall health cost increased due to increased coverage
  • Individual mandate is highly criticized by the Americans as they need to go for the insurance plan or pay penalty tax
  • Previously covered insurance plans cant be maintained in parallel, with Obamacare
  • High cost of premiums

Future of Obamacare

  • Has been highly unpopular since the day, it has been passed
  • 54% Americans have voted against it
  • Trump Government is devising its suitable substitute

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