Hcs/235 Week 2 Healthcare Terms

Healthc be Terms Alicia Jones HCS/235 June 17, 2012 Barbara Williamson Healthcare Terms Medicare- Medicare is a attribute of insurance that is chiefly set in place for the elderly, over 65 historic period of days. You can also qualify for Medicare if you are under the age of 65 years old but you have a certain type of disability. There are four opposite parts of Medicare coverage. There is fibre A which covers the patients hospital care, nursing homes, or home health care. With Part A insurance most people do not have to cover a premium. Part B covers the medical checkup side of everything including docs visits, medical equipment, and things of that nature. However, the patient does have to pay a premium each month with this type of insurance. Part C covers both Part A and B insurance. It does come with other(a) benefits but most of the time people have to pay extra for those services. Part D covers prescription drugs. It helps a swell deal with the cost of prescription drugs because they can really be costly for people. The fund to keep Medicare going is coming expose of taxpayers checks every time they wee-wee paid. This is called FICA (Federal Insurance Contributions Act). They also get funding from copays, premiums, and deductibles.

Medicaid- Medicaid is a type of insurance that is set in place for children, families with low income, pregnant women and other people who qualify. It was constituted in 1965 by President Johnson to help those that were in need. Medicaid is linked together with both the state and national but it is broadly speaking regulated by the state and the state just follows federal guidelines. It depends on the state that you are in on what type of coverage that the patient is going to have with this type of insurance. They do cover the most important things such as vaccinations, doctor visits, prenatal care, inpatient and outpatient services, and family planning services. Depending on the state that you are in, there is no co-pay unless you are over the age of 21 (North... If you want to get a full essay, order it on our website: Orderessay

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