Medicare vs. Medicaid | Mnemonic for USMLE
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- เผยแพร่เมื่อ 14 พ.ค. 2024
- Medicare and Medicaid are two different healthcare programs with different functions and beneficiaries.
Medicare is a purely federal program, without involvement by the state. People eligible for coverage include the elderly over age 65, patients with end-stage-renal-disease (ESRD), younger patients with disabilities, and patients with ALS or Lou-Gehrig’s Disease. Medicare also has four parts, termed A, B, C, and D. Part A covers inpatient/hospital care, Part B covers outpatient/medical care, Part C is a combination of Parts A and B that is offered by private companies, and part D covers prescription drugs.
In contrast, Medicaid is jointly operated by state and federal governments. It helps with medical costs for people with limited finances, especially poorer families with children.
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I love how this is informative and at the same time makes me feel like I'm having a stroke
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Wow!!! Who wrote this script! This is some of the best teaching I have ever seen!!! Absolutely fantastic job!
“Ever” is right.
🇮🇳 Really it's very hard to understand American English 🙄😅😅
right???
Really very very easily described, presented, easy to understand I have never seen anyone teaching Medicare and Medicaid in this way 👍🏻
This did so much more for me than my actual health insurance material.
Thank you for clearing this up. 🙏
Thank you for the video, I am in my fourth year pharmacy rotations. I have a homework to do on medicare and medicaid and this video really helped me understand more.
This was an EXCELLENT synopsis! Well done!
THANK YOU SO DAM MUCH !!! FOR YEARS I JUST DID NOT UNDERSTAND IT ...
Hey! Thank you for taking the time to make this video! It's so clear to understand and the pictures just help me broaden my understanding. Thanks again! You're the real MVP! :D
Pls do more Champva vs Tricare , Medicare eligibility window etc love this
Really enjoyed it. Very nicely illustrated to make common ppl understand differences easily
Wonderful skills to train. I have never seen one .....
Still wonder why less ppl watched. We should start sharing and encourge such creative personalities for our benefit in turn. Hats off to you sir....👍👌
I had read and watched so many videos so faf related to this topic.... finally i clearly understood and can continue to remember my understanding 👏
Thank You so much for explaining the difference between the two different programs. I just started on Medicare it was so confusing, when picking my part c plan, when comes to renewal time. Thank You
The little symbols were wonderful for easy memorization. Thank you!
Hello, Please continue to post such an informative and creative videos. Therefore, people like us will be motivated and learn in real life.
Thank you for watching! So happy to hear that you find our videos helpful!!
Could you talk about Disease Related Groups (DRGs), Prospective Payment System (PPS) and Ambulatory Patient Classification (APC)?
Diagnosis and billing codes?
Thank you for taking the time and making this video. Great help for me! Keep doing such wonderful work in the future also. Good luck with your upcoming updates.
Very nicely explained, thanks for the great video!
Amazing! so helpful! Thank you!!
Nice!! Thank you for breaking this down so well!
Great now I understand the differences. Great video
Amazing !! You made this so simple to understand. Thanks !
he has clear way of covering everything in this video I liked watching and helped me understand thank you for explanation.
It was awesome.Thanks for this video.
I just came across this video and it was awesome 👏.Thank.
Love this presentation. Thank you 😊
Very helpful. Keep up the great work.
Thank you so much!! It was so easy to understand unlike a lot of the videos I’ve watched!!!!
One of the best video i found on TH-cam, thanks
This video is very good for us to understand the basics of two programs. Thank you.
Tell me why this is my government homework
Thank you so much. It’s super easy to understand and memorize. It helped me a lot.
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Oh my god. This made so much sense! Thank you!!!!
Keep more health insurance information coming.
Can you provide an example of the type of drug that is covered by part D? If it's not inpatient, and not outpatient, then what other prescription drugs does a patient have access to?
I have found a few sources that contradict what this video says on part D:
www.medicareinteractive.org/get-answers/medicare-basics/medicare-coverage-overview/medicare-part-d
If you can clarify I'd really appreciate it!
Hello. Which states give the most Medicaid and Medicare Savings Program QMB to help poor people pay for what Medicare doesnt? Thanks.
You are an AMAZZZZZZING TEACHER!!!!!
Nice Job, Thank You
Thank you for this video
I enjoyed watching your videos, it explains everything in detail, the video is very interesting and effective. Thank you and good luck with the upcoming videos.
Could I use this for a presentation I am doing at my Nursing School? I'm presenting on the challenges and cost of healthcare and how it plays a part in our role as Nurses and this would be so helpful in explaining the differences between Medicare and Medicaid.
Ooh you might want to consult with a medical coder that does injection and infusion coding. That has nurse impact all over it, A nurse CDI can also be very helpful here. (There are coder ones too)
Well done. Investopedia videos are excellent. Thank you! God bless you.
Excellent. Very well done.
Thank you, awesome technique
Love this for life and health insurance test
Question. If you have Medicare & Medicaid you don’t need part C. Is part D covered by both?
Not even 30 yet but my Medicare starts January 1
Very helpful. Thank you
Ya! Keep making videos! I want to subscribe for more!
Hi! This video was incredibly informative! Thank you for creating it! The content was great. I think one way you can improve the video is by adding punctuation to the closed captions, so that it is more accessible to a wider audience. Without punctuation, the content of the video is not as easy to understand and is difficult to follow. Adding punctuation would make this video more accessible to someone who is deaf or hard of hearing. Thank You!
Great info👍🏽
Thank you!
God bless you you helped so much
how to I get permission to link to this video from our website
Pixorize is awesome!!! 😍 I bought the subscription and it was definitely worth it!
Hi Max, we're really glad to hear you liked our content. Stay tuned for more releases!
Are there more contents for subscribers. Pls answer, you guys are my best teachers.
(I am a medical doctor preparing for my postgraduate(residency) exam.
Can you make videos for all my nursing classes?
But seriously, Thank You!!!
Check out our latest videos :)
Network service systems?
It seems that Medicaid can pay for many things that Medicare and private insurance don't pay for such as eyeglasses, hearing aids, and medical alert systems. It seems that people with lower income get better benefits than people who pay for their benefits.
That's how welfare works. Where do you cut people off?
This was so helpful!!!
when will you be posting the new videos in the " in progress" group?
Hi Adaobi, we release several new videos every week. We've just released the Goodpasture and Ehlers-Danlos videos: check them out!
Do you have a video on retirement 😅
Amazing clip providing very helpful msg 👍
I love this!
Good teaching thanks
Thank you
Medical coder here. For most intensive purposes this is generally accurate. There are exceptions. The hospital facility rate is actually paid under a different system than the professional charges. The professional charges generally involve the doctor and what they do specifically. A chest x-ray falls under the inpatient or outpatient prospective payment system if they were admitted or on hospital property. There is also a three day window where any studies related to the inpatient stay are also bundled, unless the hospital can prove otherwise,
Intents and purposes*
I'm not 65 yet but it's good info here. A peace from a new sub!
Medicare should be at age 67 since the Federal Government makes full retirement at age 67.
Great explanation
wonderful teaching
Thanks
Thx
Well explained
Wooow it is really helpful thanks alot
Enough of the graphics. The last minute of your video, was all I needed to know the difference between the two programs.
Great info
Plzzz keep making awesome videos lyk these .....luv frm a usmle aspirer
Thanks, we will! 🙌
good job.
This is just awesome 😎👍
THANK YOUUUUUUUU
I wonder what he's laughing at? I bet if i told my friends i watched this they would wonder whyi laughed too.
This guy is a genius !!!!! Please make more videos. This is an ADHD er’s dream for learning!!!!!!!
You don't necessary qualify for Medicaid solely on ADHD unless it effects daily living and gets Social Security Disability either as SSI or SSDI.
Applying for Retirement is somewhat complex for elders. Not sure why they can’t just make all Medicare like C which combines everything but they have to divide to a b and d
Does Medicaid and Medicare have Traditional Healing programs?
Finally, now I know what Medicare is all about.
Hi , we have just obtained green card and moving to US shortly, can you please guide us what sort of economical and best health insurance go for (aged above 65 and in state of Arizona)
Maybe an Obamacare program.
Best video out there
This is great for learning disorders and adhd
The disability has to be severe.
I love this place
This was my
Insurance Context we all should not have to experience but should made aware of insurance policies!
I see, got it.
Can anyone tell me under which scenario we can bill medicaid patients?
Get state approved and follow their guidelines. Medicaid doesn't pay very much.
I am on A, B & D....I NEVER KNEW I WAS ON C!
So end-stage renal disease but not diabetes (which causes it)?
Awesome 🤩
When the Alabama State Trooper puts in 25 years and retires , know that if his wife is disabled she is removed from the family coverage . Which is so heart breaking for my family . His wife had part A and probably never used it. But to be able to get coverage you have to figure out how to jump through so many hoops . She then has to apply for part B at this point . She has significant amount of medical issues going on that requires lots of meds, testing, labs, facet procedures every 6 weeks and see different specialist at least once a week (and have to drive 2hrs to these specialties . State Trooper was signed up for a Retirement Seminar however it was cancelled due to COVID . The only way we knew is by the surgical unit called the morning before my procedure and also my pharmacist called she was trying to fill a script and it wouldn’t go threw because I didn’t have any insurance .. I am disabled and all of this is so overwhelming for us .
They said Matthew Brackin dont have a chance cause he used matthew p brackin idenitification
❤
Pretty good, ✌🍻
Can anybody help me? I really want to get insurance and I haven’t been to the doctors since I was like 10 I’m 22 now. Anyone know how to get health insurance?
Can you contact me between 13H00 AND 13H30