Essays --

Medicare was designed as a universal health care program for individuals 65 years old and older. This program is funded by Medicare taxes and customary national funding withholding taxes. Medicare is a partnership between federal and state with the goal to provide medical insurance to the elderly that is poor people and disabled. Gener in ally all people who are 65 years or older and toss away for affectionate security entrust automatically qualify for Medicare. There are four components to the Medicare program, part A, B, C and D. Part A of Medicare covers in patient hospital services patients have a monetary responsibility to cover a deductible that is equivalent to 1 twenty-four hour period of hospitalization, in that locationafter cost is covered at 100 percent for a maximum of 60 days. This also includes nursing facilities, home and hospice care. Part B covers outpatient surgery and physician office visits. This is an elective component of Medicare in that there is a pr emium associated with this plan that is paid for directly through social security payments. Part C is k forthwith as Medicare Advantage and is a supplemental policy that is purchased directly from employers one may be denied for health reasons depending one when the plan is acquired. Part D is prescription drug insurance coverage that is eligible to all individuals that qualify for Medicare. Beneficiaries of the Medicare contract which prescription plan they necessity and pay a corresponding monthly premium. The increasing number of enrollees, sweet prescription drug benefit, Part B utilization and availability of deepen technology has led to a rise in Medicare cost. Out of all the contributing factors of the rise in cost in Medicare, Part B utilizations have been a major cost driver. Thus far the affordable care act (ACA) has made... ...ple less than or equal to 133% of the FPL, starting 2014 eligibility impart be expanded to people that are 138% or les of the FPL. Also the expansion will cover more(prenominal) parents and expand to adults who are childless. Fore states that choose to accept the expansion this means that they will have to cover more individuals in their Medicaid programs. The government will provide 100% funding for the starting signal 3 years of the Medicaid expansion thereafter the states will have to fancy out how they will fund the program with the absence of federal funding. The shape with expanding Medicaid that after the three years are up the state cannot deepen the program to not cover the expanding individuals. States that in financial ruins before the ACA, now with the expansion they will need to find alternative ways that will serve the same purpose as Medicaid in order to spurn cost.