Medicare, Medicaid, and a private insurance of your choice (such as Major Medical, PPO or HMO):
Respond to the list of questions below for each, supporting your answers with resources appropriate to the topic
- Describe how this insurance is paid for? Who pays for it?
- Who is eligible to have this insurance? Why?
- How does the insurance work? (Co-payments, Deductibles, Premiums, Capitation, etc.?
- Give an example of a healthcare service covered under this insurance type? Evaluate how the service is paid for and what is needed for the individual to obtain the service.
- Is their any political impact on the financial support of these insurance types?
Sample Solution
