Medicare and medicaid | Business & Finance homework help

Introduction:

Medicare and Medicaid are federal programs that cover a large proportion of the US population with healthcare. The two have similar objectives in the area of providing care, but there are significant differences in them that concern reimbursement.

Tasks:

• Describe each program, Medicare and Medicaid.
• Provide the major features of each program.
• Discuss how these programs differ from each other.
• Briefly describe the process of how to bill for each program.