A national health insurance program to provide health care for the aged and certain disabled persons
What is Medicare
100
Medicare perscription drug coverage
What is Part D
100
Supposed to offer lower cost alternatives to Medicare program, however, Medicare now pays over $1,000 more on average than the Original Medicare program.
What is Part C-Medicare Advantage plan
100
Authorized Medicaid in 1965
What is Social Security Act
100
Part A is primarily funded by this
What is payroll taxes
200
A U.S. government program that provides health insurance coverage for individuals and families with low-income.
What is Medicaid
200
Hospital Insurance (HI)
What is Part A
200
Those who reach the coverage gap in this part received a 50% discount
What is Part D
200
All states are required to provide expanded Medicaid coverage by this year
What is 2014
200
Provides financing for the Medicaid program
What is federal and state governments
300
Created because of rapidly rising health care costs that were beyond the rate of inflation
What is managed care
300
Medicare Advantage Program
What is Part C
300
Covers inpatient services for hospital, rehabilitation, skilled nursing facilities and nonmedical health care institutes
What is Part A
300
Federal government typically pays 50% of Medicaid cost but no more than
What is 83%
300
This is how Part B is financed
What is monthly premiums
400
Managed healthcare plans that provide limited, basic and supplemental treatment under specific health care providers in order to keep costs down.
What is Health Maintaince Organizations (HMO's)
400
Medical Insurance
What is Part B
400
Covers physician and ambulance services, as well as medical supplies and lab testing
What is Part B
400
Total amount paid by the Medicaid program in 2008 for 58 million beneficiaries
What is $296 billion
400
Medicare Part C is financed through these
What is HMO's
500
Department of Health and Human Services that is responsible for administering Medicare and Medicaid
What is Centers for Medicare & Medicaid Services (CMS)