Dear healthcare staff: The hospital is currently under financial difficulty and as a hospital administrator, I would like to explain to you how the Medicare (DRG) works. First, Medicare is a federal-sponsored health insurance program for individuals who are older than 65 years. Medicare also covers people with major debilitating conditions, such as End Stage Renal disease without any limit to household income. In order to qualify for Medicare, a person has to be a US citizen or with at least 5 years of permanent residence in the United States. Medicare is divided into four parts, namely: Medicare part A, B, C and D. The Medicare part A covers the inpatient cost of the hospital and skilled nursing facilities; Medicare part B focuses on outpatient
Medicare is not an example of socialized medicine because socialized medicine is a system in which the government has control over all the systems. The systems requires public funds that the government gains through tax dollars. This systems tend to eliminate insurance companies which causes them to gain profit in the process of providing health care. While Medicare is still publicly financed; it gives those individuals who are insured to receive services without any
It also offers many other benefits for children, widowed and disabled Americans. Social Security is a federal agency that fights old-age poverty. The primary source of the Social Security poster gives lots of information. It explains that it can offer, “a monthly check to you for the rest of your life, beginning when you are 65”.
People tend to think they will never need long-term care; unfortunately, if they do, they are not prepared for the financial burden it may cause. The fact is that more than 50% of Americans are expected to need some form of long-term care at some point in their lives. According to "A Shopper's Guide to Long-Term Care Insurance" (put out by the National Association of Insurance Commissioners), there is a 41% chance that those over 65 will spend an average of 2.5 years in a nursing home. When should you shop around for long-term care insurance? The time may be now - if the $182,500 tab for a nursing home stay is not part of your budget.
With the influence of European systems, America created several different programs to help out the unemployed, injured workers, elderly, and minority populations. The state old age pension was the most active form of welfare before Social Security Act began. Over 30 states formed old age pension programs to help out the elderly, but they were inadequate and ineffective. Only about 3 percent of elderly were receiving benefits of .65 cents a day.
The appropriate health care system to choose for the United States is the socialized health care system. Socialized health care system has several benefits that the whole United States population will enjoy. The first benefit of socialized health care system is extending care. One thing that is evident in the United States is that individuals are dying every day because they lack access to health care services. With socialized health care system in place, every individual in the United States will be able to enjoy health care services irrespective of the social status.
Today’s generation will have to find other means to help support themselves in retirement if Social Security funding runs dry. The uncertainty of where the money will come from to sustain the fund, further adds to the problem. According to the Social Security Administration, approximately 59 million people collected Social Security Benefits in 2015, but as the population swells that number is expected to grow to approximately 100 million by the mid 2030’s. Government officials need to step in and act quickly to solve the issue of funding, but opposing viewpoints keep it at a standstill.
My granddad, for example, is a veteran. My granddad suffered tremendously from war, but yet, my granny and granddad couldn’t afford to get him the help he needed because no one wanted to take on a veteran from war. America needs better Medicare, it’s almost
Many of our past Presidents tried to federally implicate a health insurance of all the civilians in the United States. Theodore Roosevelt promoted a federally funded plan in 1912 during his campaign running for presidency. The health insurance was an original plan included in the Social Security but after the final revision, it did not get included when the bill was passed in 1935, signed by President Franklin D. Roosevelt. Harry Truman also attempted to create a national health insurance in 1947, but congress also denied it from passing. The last failed effort was made by John F. Kennedy in 1960 but since it only proposed for hospital costs, it did not go through.
Medicaid is a health insurance that covers people who are below the poverty line or just have limited incomes. It is funded by both the Federal Government and all fifty states. Medicaid coverage varies for each of the fifty states but there are mandatory benefits that all the states have to offer. Medicaid covers low income families and those below the poverty line. However each of the fifty states varies standards of eligibility.
In 1935 Franklin Roosevelt created the Social Security Act that was divided into two groups of cash provisions: social insurance and public assistance. Social insurances are based on the prior earnings and payroll contributions of an individual, while public assistance, commonly known as “welfare,” is based on the financial need of an individual. (Dr. Jerry Marx 2004). Temporary Assistance to Needy Families (TANF) is one of the common welfare programs used. There are limitations for aid to services or vouchers in the welfare reform.
In developed countries like USA, the Medicare systems provides medical care for patients who are over 65 years of age, younger people with disabilities or injuries are also eligible for Medicare coverage. In USA, people who are under age 65, and do not have health insurance because of their financial status probably they are too poor to afford it, are eligible for medical coverage through
Liebman (2012) researched the correlation between employment and social security benefit, to further assess individual’s perception of social security system and how it is developed. Understanding the perception or misperception will explore the expense for an incorrect decision, the potential gain from its improvement, and ideas for effective communication programs. Therefore, he focused on: 1. To evaluate the social security reform and its degree of effectiveness, because there is common understanding that social security reform will improve its efficiency 2. To assess people’s opinion of social security incentives, because any misperception will hinder the benefit of its policy reform and will result on wrong decision Liebman (2012) applied
The UNDP define social protection as “policies designed to reduce people 's exposure to risks, enhancing their capacity to protect themselves against hazards and loss of income. Social protection involves interventions from public, private, voluntary organizations, and social networks, to support individuals, households and communities prevent, manage, and overcome the hazards, risks, and stresses threatening their present and future well-being. ”[1] During the last years worldwide there have been several projects implemented addressing social protection. In this section we intend to construct a framework to understand how social protection has been working so far.
How can we take proper care of our senior family members? When they age, they dwindle able to perform whatever they did so by themselves, whether it is an individual routine or simple pursuits like searching for their demands, travelling, or just being careful of them. With this busy life, many would choose the smart way out, which would be to put our seniors inside an elderly care where they may be medically dealt by professionals. Putting your grandma and grandpa or older relatives inside a nursing facility has its own advantages. To begin with, it may be advantageous when they need proper medical attention and care.
