Expanding Medicare and Medicaid for Everyone

[Name of the Instructor]

[Name of the Institute]

Expanding Medicare and Medicaid for Everyone

Introduction

Medicaid and Medicare are principally two well-established federal programs, which are providing medical and healthcare facilities to the people in the United States. However, both programs are quite different in nature of their operation, but both got overlooked by a single authority, named as the Centers for Medicare and Medicaid Services, a division of the U.S. Department of Health and Human Services.

Medicaid

Medicaid is a medical and healthcare service program, which is providing such facilities to various families and inhabitants of United States, who have low incomes and limited resources against heavy medical and healthcare charges. The program got operated at the federal level, however, every states got provided with the rights to set its own eligibility standards, type, amount, duration and payment of the service.

Medicare

Whereas, on the other hand, Medicare is primarily a health insurance program, offered by the federal government that provides healthcare plans for hospital and for old and medically suffering Americans citizens. Considering in a broader term, Medicare works in four different parts. The first part of Medicare deals in the Hospital Insurance, which provides staff wages, meals, equipment supplies and managing private rooms. The second venture of Medicare deals in Supplementary Medical Insurance, which helps in physician visits, out-patient hospital visits and home health care management. This also includes helping people in managing laboratory facilities. The third venture of Medicare allows customers to draft their customer medical plan, align as per their medical needs. This is primarily a joint venture with other private insurance companies and health maintenance organizations, to cater the requirements of U.S. inhabitants. However, the most recently launched, fourth venture in also a joint venture with different private health insurance companies, which provide their respective medical plan with ...