Medicare
Benefits of Medicare includethewide coverage withmillions of adultsover
theage of 65 and younger Americans with disabilities. Low monthly cost as
“Many Medicare enrolleesqualifyfor premium-freePartAbut mustpaya
small,out- -pocketamounteverymonthforPart of B” (HealthMarkets, 2018).
Part C is offerscustomization through MedicareAdvantage Plansfor
additional coverage based personalmedical on needs.Themedication
coverage Part Dallowed for in a variety of drug companies expandand to
produce medications at a lower cost throughcompetition. Medicare is held
accountable Congress, by paving thewayforbettermedical carethrough
monitoring and trackingitemssuch as readmissionsand hospital infection
rates.Challengesincludethe overheadadministrativecosts runand to
implement the programarerising, whilethe revenue doesn’t always cover,
whichleads largercosts to of American taxpayers.Since part theirfunding of
comesfrom income tax,thosewho do not utilizeMedicare still pay for it.
SincemanyMedicarepatientsare low-income, hospitalstaysand utilization
can lead the program to pay outfar moremoneythan takes it in yearly.
Medicaid
Benefits of Medicaid include theability to offerlow-income citizensthe
ability receive medical careandresources,makingcopays and prescriptions to
