Policy Memorandum 1

Policy Memorandum 1Date : March 31 , 2008ToFromRE : Biggest Problems Facing Medi handle and Problems key Similarities and DifferencesThe purposes of this memo are to : 1 ) explain the biggest problems facing Medicare and Medicaid and 2 ) identify the problem s key similarities and differencesProblems Facing Medicare and MedicaidThe Federal government has sponsored wellness damages programs such as Medicare as tumesce as the Medicaid . Medical insurance for the elderly disabled , as well as low-income Americans are obscureed by these insurance programs . In 1965 , these programs took effect and the Health Care Finance giving medication or the HCFA , of the Department of Health and Human Services administered these programs . Health Care coverage is provided by the US government to a variety of groups such as federal employees , military military force , veterans as well as the Native Americans However , the largest equaliser of health care expenditures is accounted by the Medicare as well as Medicaid programsThe program of Medicaid provides Health services as well as residential care to more(prenominal) than 50 million Americans wherein for each one has unique personal needs . Medicaid provides payment for prenatal care for about one-third of the children of the nation , long-term care for more than 20 percent of elderly citizens as well as health safety for people with disabilities are provided . In accompaniment to that several presents works on similar initiative to cover the uninsured . Medicaid are facing severe crisis of sustainability . It was found that since mid-nineties a typical State was able to see that the checkup costs put one over double the percentage of their budget and it was likewise projected that continued disproportionate growth is evident .

In 2006 , the combined federal as well as State expenditures reach 580 billion ( Making Medicaid Work : A functional Guide for Transforming Medicaid 2007The Annual Medicaid Budget Survey Report have indicated that at the beginning of the state monetary year 2008 , accord to the of the Medical Directors , State fiscal situation is generally astir(p) the state revenues are increasing that allowed Governors as well as the state legislatures to restore many cuts as well as restrictions that have been adopted during the economic downturn , and adopt lordly changes in Medicaid such as increase in provider payment rates as well as refinement in benefits and eligibility . The State policy decisions for 2007 and 2008 , includes a clear focusing on improving coverage as well as quality of care provider under the program (Smith V .K , Edwards , B .C Tolbert , J (2008Across the states , however , signs that the economic climate was changing , emerged just a few months into state fiscal year 2008 , in the fall of 2007 . Studies have shown that the outlook was no perennial positive as it had been in the case early in the state fiscal year (Smith V .K Edwards , B .C Tolbert , J (2008Different Issues Facing Medicare and MedicaidKey Issues of MedicaidA lot of key issues , concerns and priorities in mid fiscal year 2008 have been identified by Medicaid Directors . On top...If you sine qua non to get a full essay, order it on our website: Orderessay

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