Medicare and Medicaid Essay Example | Topics and Well Written Essays - 500 words

Medicare and Medicaid - Essay Example Part B covers: Eighty percent of the approved charges are paid by Medicare Part B after annual deductible is met. It is optional to enroll for Medicare Part B and the Medicare program stays constant from state to state. [1] [2] Medicaid: It means financial aid to pay for care. It is an assistance program which is funded both by the federal government and the individual states. It helps individuals of all ages with low income and medical costs and the eligibility requirements vary from state to state. People who have Medicare coverage can also qualify for Medicaid as they have low income and Medicaid covers their deductibles and co-payments which would have to be paid by them if they were not under Medicaid. It does not cover any kind of custodial care. It covers inpatient and outpatient hospital services, laboratory and x-ray services, physician services, nursing facility services, home health services and services of a nurse-midwife. Every state program includes some prescription drug coverage. There are special rules for people who apply for Medicaid for long-term care: Medicare should modernize and update its package of services according to customers needs because customers try alternative medicines and cross geographical boundaries to get the treatment. Therefore in order to satisfy them, changes have to be made. Patients are troubled with the complexity, paperwork, and regulatory