Similarities Between Healthcare And Medicare
Medicare and Medicaid
Medicare and Medicaid have similar names and are both are government programs. The name sounds so similar that most people get them confused. Medicare is for people who are older or disabled. While, Medicaid is for people with limited income and resources. Some people do qualify for both Medicare and Medicaid. There are several differences between the two. Medicare is for adults over the age of sixty-five and some younger with certain disabilities such as end stage renal disease. The federal government governs Medicare and it has four parts depending on which plan you chose. It composes of Part A, Part B, Part C, and Part D, and cost vary depending on what coverage you decide to choose. Many adults are automatically enrolled …show more content…
The difference between the two includes the size of the network, ability to see specialist, plan cost, and coverage for out-of- network services. (“PPO VS HMO: What is the difference?). The HMO is more affordable and allows you to choose a doctor or the insurance assigns a doctor that is in your network at a cost dictated by the insurance. This usually lowers or eliminates the deductibles. However, the PPO plan is more flexible and consumers get to choose the doctor and the hospital even if it is not in network at a rate above what the insurance will pay. The patient is usually responsible for out of network cost and …show more content…
It makes you aware of how the healthcare system in the United States needs improvement. In the U.S., 47 million people have no coverage and thousands go bankrupt just trying to receive medical treatment. However, in other countries this is unheard of in healthcare. One of the downfalls in Great Britain is having to wait to get elective surgeries which can take up to 18months. This is unheard of in the United States, but it comes with a price. In other countries, the insurance companies and the doctors are not becoming rich or making a profit. The price of a hospital stay shocked me. For one night is in Japan, it cost ten dollars for a private room. This is unheard of in the United States. As a family that is paying payments on healthcare bills, it is a big issue when seeing how other countries operate their healthcare system. Government in healthcare is not the answer but, improvements need to be made in this broken
Medicare and Medicaid have similar names and are both are government programs. The name sounds so similar that most people get them confused. Medicare is for people who are older or disabled. While, Medicaid is for people with limited income and resources. Some people do qualify for both Medicare and Medicaid. There are several differences between the two. Medicare is for adults over the age of sixty-five and some younger with certain disabilities such as end stage renal disease. The federal government governs Medicare and it has four parts depending on which plan you chose. It composes of Part A, Part B, Part C, and Part D, and cost vary depending on what coverage you decide to choose. Many adults are automatically enrolled …show more content…
The difference between the two includes the size of the network, ability to see specialist, plan cost, and coverage for out-of- network services. (“PPO VS HMO: What is the difference?). The HMO is more affordable and allows you to choose a doctor or the insurance assigns a doctor that is in your network at a cost dictated by the insurance. This usually lowers or eliminates the deductibles. However, the PPO plan is more flexible and consumers get to choose the doctor and the hospital even if it is not in network at a rate above what the insurance will pay. The patient is usually responsible for out of network cost and …show more content…
It makes you aware of how the healthcare system in the United States needs improvement. In the U.S., 47 million people have no coverage and thousands go bankrupt just trying to receive medical treatment. However, in other countries this is unheard of in healthcare. One of the downfalls in Great Britain is having to wait to get elective surgeries which can take up to 18months. This is unheard of in the United States, but it comes with a price. In other countries, the insurance companies and the doctors are not becoming rich or making a profit. The price of a hospital stay shocked me. For one night is in Japan, it cost ten dollars for a private room. This is unheard of in the United States. As a family that is paying payments on healthcare bills, it is a big issue when seeing how other countries operate their healthcare system. Government in healthcare is not the answer but, improvements need to be made in this broken