hca 312 Health care finance

hca 312 Health care finance - Identify three sources of...

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Identify three sources of governmental insurance plans. The three governmental insurance plans are Medicare, Medicaid and the Affordable Care Act (ACA). Medicare part A and B is a federal program that provides insurance for the retiree’s who are at the age of 65 years and older or for the disabled. Medicare provides health coverage for outpatient and inpatient services. Medicine on the other hand, is a state federal program that provides health coverage for the poor (Smith, D. G. 2014) it’s also requires that individuals who are on the state program they must provide their annual income to determine their eligibility. The Affordable Care Act (ACA) provides health coverage to all Americans the ACA is mandated by the government to have health coverage or they will be penalized if not insured. Implementing this change in hospital are more certain that every patient will have health coverage when they see a provider.
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