Medicaid

Examples of Medicaid in the following topics:

• Medicaid and Medicare

  • Poverty alone does not necessarily qualify someone for Medicaid.
  • This program allows a Medicaid recipient to have private health insurance paid for by Medicaid.
  • Unlike Medicare, which is solely a federal program, Medicaid is a joint federal-state program.
  • Medicaid funding has become a major budgetary issue for many states over the last few years.
  • Compare and contrast Medicaid and Medicare as social programs provided by the U.S. government

• Health Care Policy

  • The government primarily provides health insurance for public sector employees. 60-65% of healthcare provision and spending comes from programs such as Medicare, Medicaid, TRICARE, the Children's Health Insurance Program, and the Veterans Health Administration.
  • Together with the Health Care and Education Reconciliation Act, Obamacare represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965.
  • In 2007, Medicaid provided health care coverage for 39.6 million low-income Americans (although Medicaid covers approximately 40% of America's poor).
  • It has been reported that the number of physicians accepting Medicaid has decreased in recent years due to relatively high administrative costs and low reimbursements.
  • In 1997, the federal government also created the State Children's Health Insurance Program (SCHIP), a joint federal-state program to insure children in families that earn too much to qualify for Medicaid but cannot afford health insurance.

• Current Issues in Health Care

  • There are also social welfare programs such as Medicaid and Medicare.
  • Medicaid and Medicare: Overall, medicare has been reduced while medicaid has been expanded.
  • Medicaid has been expanded to 133% of the poverty level, covering more people.

• The Budgeting Process

  • In the long-run, expenditures related to healthcare programs such as Medicare and Medicaid are projected to grow faster than the economy overall as the population matures.
  • Major categories of FY 2012 spending included: Medicare & Medicaid ($802B or 23% of spending), Social Security ($768B or 22%), Defense Department ($670B or 19%), non-defense discretionary ($615B or 17%), other mandatory ($461B or 13%) and interest ($223B or 6%).
  • Social Security spending increased versus 2011 while Defense, Medicare and Medicaid spending fell.
  • Social Security, Medicare, and Medicaid expenditures are funded by more permanent Congressional appropriations and so are considered mandatory spending.

• Public Assistance

  • Examples include Medicaid .

• Health Care Policy

  • The government primarily provides health insurance for public sector employees. 60-65 percent of healthcare provisions and spending comes from programs such as Medicare, Medicaid, TRICARE, the Children's Health Insurance Program, and the Veterans Health Administration.
  • Although the federal Medicare program and the federal-state Medicaid programs possess some monopolistic purchasing power, the highly fragmented buying side of the U.S. health system is relatively weak by international standards, and in some areas, some suppliers such as large hospital groups have a virtual monopoly on the supply side.

• Where a Dollar Spent on Health Care Goes: Introducing the Inputs to Health Care

  • ., this is only done for medicaid and medicare.
  • The U.S. employs medicaid and medicare to provide for low-income and elderly citizens that would otherwise be excluded from the market, while other countries have healthcare systems with more government intervention to address market failure.

• Defining Health, Health Care, and Medical Care

  • At the moment, health care is largely privatized with the exception of medicaid and medicare, the former being for low income groups and the latter for retirees.
  • Now, either the insurance company, the government (medicaid and medicare), or the individual (if they are not covered or if their particular procedure is not covered) is the direct client of the hospitals, pharmacies, and doctor's offices.

• The Affordable Care Act

  • The act, which created the program known as Obamacare, represented the first significant overhaul of the American healthcare system since the passage of Medicaid in 1965.
  • The final version of the Affordable Care Act includes health-related provisions to take effect over four years, including expanding Medicaid eligibility for people making up to 133% of the federal poverty level (FPL) starting in 2014; subsidizing insurance premiums for people making up to 400% of the FPL ($88,000 for family of four in 2010) so their maximum out-of-pocket payment for annual premiums will be from 2 to 9.5% of income; providing incentives for businesses to provide health care benefits; prohibiting denial of coverage and denial of claims based on pre-existing conditions; establishing health insurance exchanges; prohibiting annual coverage caps; and support for medical research.

• Health Care Reform Under Obama

  • The law intends to expand Medicaid eligibility for people making up to 133% of the federal poverty level (FPL).