Final answer:
Medicare reimbursement in SNFs is covered under Medicare Part A, with patients paying a deductible and copayments. Funding for Medicare comes from payroll taxes, beneficiary premiums, and general revenues, with increasing expenditures forecasted due to rising medical costs and a growing eligible population.
Step-by-step explanation:
Medicare reimbursement in a Skilled Nursing Facility (SNF) involves coverage through Medicare Part A, which pays for certain hospital charges, including expenses related to SNF care for eligible beneficiaries. To receive Medicare payments for SNF care, individuals must first cover the deductible charge, after which Medicare contributes to the costs of their care. With Medicare consisting of several parts, including Hospital Insurance and Supplementary Medical Insurance, funded through different sources such as payroll taxes and beneficiary premiums, Medicare reimbursement in SNFs is primarily part of Medicare Part A benefits. As healthcare costs rise and the Medicare-eligible population grows, it's expected that spending on Medicare, reaching $692 billion in 2016, will continue to increase, especially with projections estimating the Medicare-enrolled population to surge to 80 million by 2030.