Question

The important Message from Medicare provides beneficiaries information concerning their

a) Eligibility for Medicaid
b) Annual deductible amount
c) Rights and protections
d) Medicare provider network

Answer 1

The Message from Medicare informs beneficiaries about their rights and protections. Medicare is a federal health insurance program for older adults and certain younger people with disabilities, funded by payroll taxes. Medicaid, on the other hand, assists low-income individuals and is jointly funded by the federal government and states.

Step-by-step explanation:

The important Message from Medicare provides beneficiaries information concerning their c) Rights and protections. Medicare is a federal health insurance program established in 1965 as part of the Social Security Act, aimed at aiding those who are eligible for Social Security benefits, typically individuals who are 65 and older, as well as certain younger people with disabilities. Medicare consists of different parts, each covering specific services such as hospital charges (Part A) and medical insurance (Part B). Medicare is funded primarily through payroll deductions and matching employer contributions, with beneficiaries also responsible for deductibles and co-payments.

Contrarily, Medicaid is a formula-based program created in 1965 to provide health-care coverage for poor and disabled Americans, and it is jointly funded by the federal government and the states. Each state administers its own Medicaid program, leading to variations in coverage, eligibility, and benefits provided. The Affordable Care Act (ACA) sought to expand Medicaid eligibility, but not all states have adopted the expansion.