Medicare, Medicaid, and the Health Insurance Portability and Accountability Act (HIPAA) have had
significant impacts on the healthcare industry. Consider the most significant benefits that Medicare,
Medicaid, and (HIPAA) have brought to the healthcare industry and the most significant challenges they
have presented to decision making in the industry.
Research Medicare, Medicaid and HIPAA. Identify two benefits as well as two challenges.
Here is an example to get you started:
Medicare, Medicaid, and the Health Insurance Portability and Accountability Act (HIPAA) have made
significant impacts on the healthcare industry. Some have been beneficial while others have had their
disadvantages as well. From our text, benefits of Medicare allow individuals over 65, disabled individuals
of any age, and those diagnosed with end-stage renal disease to be covered by medical insurance.
Medicare Part A coverage is hospital insurance, Part B is medical insurance, and Part C, Medicare
Advantage Plans, offers Parts A and B through private companies, and Part D is prescription drug
coverage.
Nice discussion post about the benefits of Medicare and Medicaid. Medicare is managed and funded by
the federal government with specific eligibility requirements. Medicaid is funded by both the individual
state and some federal assistance, and each state has different eligibility requirements. How can the
government help improve the efficiencies for these programs, is it feasible to have a single payer
program to help provide care for the most vulnerable patient populations in the nation? What are your
thoughts ?
