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Discussion 5.1: Medicare vs. Medicaid Compare and contrast the roles that Medicare and Medicaid play in financing long-term care services. Provide real world examples in your discussion. 150 words

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Discussion 5.1: Medicare vs. Medicaid

Compare and contrast the roles that Medicare and Medicaid play in financing long-term care services. Provide real world examples in your discussion.

150 words

Answered Same Day Dec 26, 2021

Solution

David answered on Dec 26 2021
110 Votes
Compare and contrast the roles that Medicare and Medicaid play in financing
long-term care services. Provide real world examples in your discussion.
Long term care refers to wide range of services such as home based assistance like
athing, eating, moving, etc., community based assistance like adult care and facility based
assistance like care and nursing homes to disable, old, mentally and chronically ill and
impoverished people in the community. Medicaid and Medicare are insurance programs
offered by government to meet the health care needs of needy families. They aim to reduce
the burden on people to save or invest in insurance. They ensure that enough resources are
available to provide for long term care needs of community.
Medicare is operated by federal government to assist old people and people with
disability i
espective of their incomes. On the other hand, Medicaid is operated by state and
federal government to provide health...
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