Homework: MEDICARE ELIGIBILITY AND FINANCING
Overview
An awareness of the covered and noncovered services of Medicare is a critical area of understanding for health care managers. The program has grown and changed over time, refining who and what is included vs. excluded. The Case presents the opportunity to investigate these coverages, as well as the financing of Medicare. Specific reimbursement rules are in place that must be followed if funds are to be received for providing services. The level of Medicare reimbursement differs from what would be received from private insurance - but by how much - and how can this affect your bottom line?
Task
Using the information in the required readings, as well as some additional research in peer-reviewed sources, complete your Case homework by answering the following:
a. Investigate the eligibility of the Medicare program; who can be covered?
b. How is the Medicare program financed? What specific operating rules must be followed to receive reimbursement funds?
c. How does the average Medicare reimbursement level specifically compare to the average reimbursement for private insurance? How can this difference affect the bottom line at your facility?
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.