Program Overview: Medicare and Medicaid
$19.95 Buy and instantly download this paper now
This paper provides an overview description of the Medicare and Medicaid programs, government-sponsored programs whose objective is to provide patients with health assistance upon meeting specific criteria. The paper explains that Medicare is the federal program that provides insurance for elderly patients aged 65 and over, and approximately 40 million people are enrolled in this program, while Medicaid is an insurance program that is available for disadvantaged persons, including the elderly, who cannot afford health benefits because of low incomes or other factors. The paper goes on to state that both programs are subsidized by government funds and in many instances, will cover the costs of basic medical care as well as specialized testing and supplies. After discussing higher prescription drug prices and the lack of affordability of health care in general, the paper concludes that a successful health care program may hinge on developing an ongoing program to care for those who need it while promoting better health amongst those who can still benefit from an improved and healthy lifestyle.
From the Paper:" Especially disconcerting is the fact that many of the individuals who have these drugs prescribed for their use are the elderly, who can usually ill-afford the rising costs but often depend on those medicines to maintain a certain quality of life. What these individuals are faced with are "pharmacy benefit expenses (that) have risen 15 percent to 20 percent annually, outpacing all other areas of managed care, according to IMS America, a leading drug-tracking firm based in Plymouth Meeting, Pa" (Epstein, pg. 73). Oftentimes, the elderly are faced with declining health, a fixed income and the ever present thought of dying. Such scenarios can many times lead to a state of depression and because our society seems to hold a quick-fix type of mentality, drugs are often the answer when compared to other cures. This is true from the sufferer's point of view as well as the doctor's perception(s). An example can be shown in regards to the use of prescription drugs to alleviate depression. The Center for Disease Control (CDC) reports that in 2005, antidepressants were the class of drugs most prescribed, and that there were over 117 million prescriptions for antidepressants written in 2005 alone."
Sample of Sources Used:
- Epstein, M.Z.; Epstein, D.G.; (1999) Prescription for success, HR Magazine, Vol. 44, No. 6, pp. 72 - 76
- Kickham, V.; (2008) High cost of health care takes toll on retirees, Industrial Distribution, Vol. 97, No. 9, pp. 15 - 16
- Medicare; (2008) Improving the health, safety and well-being of America, http://www.medicare.gov/MPDPF/Public/Include/DataSection/Questions/MPDPFIntro.asp?version=default&browser=IE%7C7%7CWinXP&language=English&defaultstatus=0&pagelist=Home&ViewType=Public&PDPYear=2009&MAPDYear=2009&MPDPF%5FMPPF%5FIntegrate=N, accessed November 7, 2008
- Social Security Online; (2008) Help with prescription drug costs, http://www.ssa.gov/prescriptionhelp/, accessed November 8, 2008
Cite this Analytical Essay:
Program Overview: Medicare and Medicaid (2010, July 30) Retrieved February 07, 2023, from https://www.academon.com/analytical-essay/program-overview-medicare-and-medicaid-128640/
"Program Overview: Medicare and Medicaid" 30 July 2010. Web. 07 February. 2023. <https://www.academon.com/analytical-essay/program-overview-medicare-and-medicaid-128640/>