Medicare Coverage: Adequacy and Financial Implications

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Medicare: Is it a viable plan? Medicare is a federal health insurance program that helps people who are 65 years of age, though certain younger people with disabilities can get Medicare too. Medicare Part A and Part B cover many things to do with hospital insurance and medical insurance. They may cover a great deal of hospital and medical insurance but there is not a lot of coverage they need. Medicare needs to broaden their coverage on the Medicare plan Part A and part B because it has inadequate coverage and causes financial problems. Medicare plan Part A covers hospital care, skilled nursing facility care, nursing home care, hospice, and home health services, but its only up to a certain amount of days or per benefit period. And Part B covers clinical research, ambulance services, durable …show more content…

There is so much to cover but the cost is to much to handle’. Moffit states, “Medicare must undergo structural reform. Its deficiencies undercut patients’ comprehensive and integrated care while increasing costs and generating debt. Medicare’s inadequate benefit package causes big gaps in coverage, requiring patients to buy costly supplemental insurance.” (1). Moffit is saying that Medicare needs make changes to its deficiencies to be able to help with better coverage and to make insurance more affordable. Medicare needs to expand on what they cover and fix the affordability of their insurance. If there was better coverage and if Medicare was more reasonably priced it would help a lot of people. Like if an elderly person needed to go to a nursing home, they would not have to worry about having to pay for all expenses after 100 days. And most elderly people need hearing aids, if Medicare expanded their coverage they might be able to afford getting hearing aids. It would benefit a lot of people if Medicare makes changes to be able to help

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