Long-Term Care to What Degree Essay

Medicare, as long-term care policy, is not a key component for long-term care. Medicare covers only sensitive care costs and its skilled home health and nursing facility care aims at offering short-term health coverage for post- acute care after hospitalization of a beneficiary. On the other hand, private long-term care insurance is a policy that covers a small portion of a patient's bill.

2. Medicare offers an array of coverage and options to receive health insurance coverage. Explain eligibility and its various components. To satisfy this question, you must include the major parts to the program and the benefits to each of these parts

Medicare is a federal social program of insurance provided by the government of the United States from 1965. Medicare ensures access to health coverage for people above sixty-five years and young persons with disabilities. Medicare also covers people with terminal illness such as those suffering from renal diseases. The policy spreads financial burden linked to sickness across the members of the society to guard everyone. All people enrolled in Medicare policy enjoy distinct benefits. As at 2008, Medicare served over 44 million people. The program benefits specific individuals and low-income people and is directed at the national level. Medicare has two major portions for medical insurance and hospital, and two more portions that offer prescription drugs and flexibility.

Part A, which includes the HI (Hospital Insurance), facilitates payment of hospital stays, which entails supplies, meals, semi-private room and testing. Part a of Medicare also facilitates payment of health care which include speech, occupational and physical therapy provided on part-time base and considered as medically important. Part A also covers skilled nursing facility care and some medical equipment such as wheelchairs and walkers. Part A is accessible without a monthly premium payment given that taxes on payroll cover these expenses.Part B of Medicare also known as SMI ( Supplementary Medical Insurance), facilitates payment of medically important visits, costs for home health care, outpatient visits and other services beneficial to the disabled and the aged. Part B covers nursing and physician services, long-term medical equipments such as wheelchairs, certain vaccinations, renal dialysis, and outpatient hospital process, blood transfusion, laboratory, diagnostic and X-ray tests. Other services covered by Medicare include chemotherapy, specific hormonal treatments, ambulance transportation, immunosuppressive drugs, eyeglasses and prosthetic devices. Part B calls for a premium of 96.40 dollars paid on monthly basis. The patient must also attain a deductible of 135 dollars annually before the commencement of the coverage. Part B enrollment is voluntary.

Medicare Part C also known as "Medicare Advantage Plans" permits enrollers to form a plan that aligns with their medical requirements. The plans recruit private insurance organizations to offer coverage. However, details differ with the plan and patient's eligibility. Part C of Medicare facilitates provision of specialist services while others centers on special needs patients

Part D of Medicare is governed by one insurance organization among numerous private insurance firms where each firm offers divergent cost and covered drug lists. This portion calls for a deductible and premium payment. Pricing varies with patients spending between 250 dollars and 2,250 per a year getting coverage of 75% on prescription drugs. If a patient spends over 3, 600 dollars, Medicare covers 95% of costs of the prescription drugs.

One must be more than sixty-five years old; young disabled or suffer from terminal renal disease to be entitled for Medicare. The patient must be a citizen of the United States or a permanent lawful resident living in the country continuously for more than five years and must be qualified for "Social Security Benefits" and not.....