Question

What are some of the key differences between traditional health insurance, managed care, and Medicare? Do you think Medicare for all is a possible solution for US? Why or why not?

Answer 1

# Traditional healthcare plan is an indemnity plan ("fee for service")

A type of healthcare plan that allows patients to choose their own healthcare provider and reimburses the patient or provider at a certain percentage (usually after a deductible is paid) for services provided.

# Managed-Care Plans

A type of healthcare plan that provides members with comprehensive services and encourages them to use providers belonging to the plan

insurer negotiates benefits and fees with healthcare providers

significant premium saving

reduced flexibility

# Medicare:-

It is a federal program which provides health insurance benefits for people who meet 1 of 3 categories:

- 65 or older

- those with end stage renal disease (ESRD)

- those under 65 with certain disabilities

I don't think medicare is the possibile solution for US because as per it's criteria it provides health benefits to only three of the above categories ,what will the other major chunk of population will do which makes the most of the major part of population for health care services which they cannot afford . They wouldn't be able to afford it and would affect the health status which will directly impact the growth and development of the country .