Medicaid Research Paper
4401089
Medicaid and Its effects in America
PBHE112
Professor R. Vargas
August 2014 Medicaid and Its Effects in America
In this essay my intentions are not to describe in full the features of the Medicaid as an insurance program or to make standing revision of its budgetary or galenic form. Instead, I will compel a short recount on its original characteristics when it first started and the positive or negative performance the program provides its recipients in the United States population. Furthermore, I will move bases on how Medicaid is affecting our budgetary systems and its upcoming sustainability. Nevertheless, this paper will contour how the Medicaid program has grown as a major framework of the United States and the unique place it has in the social contract between the federal government and its citizens.
History of Medicaid
The Medicaid program is one of the biggest if not the biggest (federally funded) company which furnish health and medical assistance to the American families with grave budgetary status and expedient that cannot pay for medical expenses or even of health insurance. Created by the federal government during the 1960’s, the Medicaid program became a mean for the government to somehow stimulate our Nation’s economy; more like an instrument for expenditure recurrence and budget justification. “From the perspective of public finance it is important to realize that Medicaid is only one category of state government spending and that it competes with other programs for the scarce budgetary resources” (Marton and Wildason, 2007). In 1965, Medicaid was officially innate and squandered through the United States with a choice of each state to administrate the playbill adjusted to their standards or guidelines. Established to benefit low salary women, children, elderly people and individuals with disabilities this combined (federal & state) service program has contributed health care insurance to over fifty million American citizens and
Medicaid and Its effects in America
PBHE112
Professor R. Vargas
August 2014 Medicaid and Its Effects in America
In this essay my intentions are not to describe in full the features of the Medicaid as an insurance program or to make standing revision of its budgetary or galenic form. Instead, I will compel a short recount on its original characteristics when it first started and the positive or negative performance the program provides its recipients in the United States population. Furthermore, I will move bases on how Medicaid is affecting our budgetary systems and its upcoming sustainability. Nevertheless, this paper will contour how the Medicaid program has grown as a major framework of the United States and the unique place it has in the social contract between the federal government and its citizens.
History of Medicaid
The Medicaid program is one of the biggest if not the biggest (federally funded) company which furnish health and medical assistance to the American families with grave budgetary status and expedient that cannot pay for medical expenses or even of health insurance. Created by the federal government during the 1960’s, the Medicaid program became a mean for the government to somehow stimulate our Nation’s economy; more like an instrument for expenditure recurrence and budget justification. “From the perspective of public finance it is important to realize that Medicaid is only one category of state government spending and that it competes with other programs for the scarce budgetary resources” (Marton and Wildason, 2007). In 1965, Medicaid was officially innate and squandered through the United States with a choice of each state to administrate the playbill adjusted to their standards or guidelines. Established to benefit low salary women, children, elderly people and individuals with disabilities this combined (federal & state) service program has contributed health care insurance to over fifty million American citizens and
References: Olson L. K. (2010) The Politics of Medicaid. New York, NY: Columbia University Press. Daniels, M. R. (1998) Medicaid Reform and the American States. West Point, CT: Greenwood Publishing Group. Medicaid History. (2010, Sept 17). Retrieved March 13, 2012, from Go Medicare: http://www.gomedicare.com/medicare-information/medicaid-history.html Frogue, J. (2003) The Future of Medicaid. Washington, DC: Heritage Foundation. Engel, J. (2006) Poor People’s Medicine: Medicaid and American Charity Care Since 1965. United States of America, Dukes University Press. Smith & Moore (2008) Medicaid Politics and Policy. New Brunswick, NJ: Transaction Publishers. Marton & Wildason (2007) National Tax Journal, 279-304.