Reference no: EM133871750

Question

Sources of Financing Medicare: Medicare is a significant payer for post-acute care services, particularly for elderly and disabled individuals. It covers services such as skilled nursing facility (SNF) care, home health care, and inpatient rehabilitation in hospitals, subject to specific eligibility criteria and limits. Medicare's payment models, including fee-for-service and bundled payments, impact how reimbursements are managed. Medicaid: Medicaid provides coverage for low-income individuals and often funds long-term care services for seniors and the disabled, including those in post-acute settings. The degree of coverage can vary by state, as Medicaid is jointly funded by federal and state governments with state-specific program variations. Private Insurance: Private health insurance plans can cover a range of post-acute services, though the extent of coverage, copayments, and deductibles can vary significantly between plans. Patients with private insurance may use their benefits for services in various PAC settings.