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Updated: Apr 24 2019

Health Insurance

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https://upload.medbullets.com/topic/101016/images/medicare.jpg
  • Overview
    • Medicare and Medicaid
    • Federal social insurance programs
      • were created as part of the Social Security Act
    • Medicare
      • Covers the elderly (65+ years)
      • Also covers ESRD
      • 2 main parts
        • Part A pays the hospital
        • Part B pays physicians
        • Part C are all-in-one plans
        • Part D provides prescription drug benefits
    • Medicaid
      • For low income people
      • Federal and state components
  • Physician Compensation
    • Capitation
      • fixed amount of money per patient per unit of time over which services are rendered
    • Fee-for-service
      • physician is paid separately for each service rendered
    • Salary
      • fixed amount of money paid physician irrespective of services rendered
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Private Note