Programming
Rasmussen College Medicare Medicaid & Private Insurance Plans Paper

Rasmussen College

Question Description

As we know, the United States Healthcare System is complex and there is no one entity that funds the services provided to patients. We have one of the most technologically advanced health care systems, but it is also one of the most expensive. Please answer the following questions in an APA formatted paper of no less than 2 pages:

  1. What are the differences in insurance plan funding between Medicare (Part A, B, C, D), Medicaid, and Private Insurance plans?
  2. Are there any current and/or future healthcare funding concerns for Medicare, Medicaid, and Private Insurance plans?
  3. What are the general differences between funding a Single Payer Model (for example, Canada’s Healthcare Model) of healthcare compared to Private Insurance plan model in the United States?
  4. What are your thoughts and ideas on how to fix the US healthcare model raising costs and funding models. Should the US adopt a single payer model healthcare system? Why or why not? Be specific in your reasoning, thoughts, and ideas.

Final Answer

Hi, kindly find attached

Running Head: HEALTHCARE INSURANCE

Course
Student Name
Institution
Date

HEALTHCARE INSURANCE

2

There are four ways through which a person can access health insurance coverage. It can
be accessed through employer-funded group plans, government-funded programs like Medicaid
and Medicare or through private insurance plans. Unlike private insurance plans, both Medicaid
and Medicare are programs run by the government to help people pay for healthcare. The main
differences between the three programs are the benefits, eligibility requirements and costs
(Washington & Washington State Library, 2016). For a more basic perspective, Medicare was
designed specifically to help people with long-term as they aged. On the other hand, Medicaid is
supposed to cover the healthcare costs people who cannot afford proper healthcare.
As a federal health care ins...

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