For medicare medicaid services cms and the three divisions of cms?

Answer 1

There are different divisions under medicare and medicaid. Medicare is for the old and medicaid is for the poor.

Medicare is for those 65 and older and for the physically disabled. It is paid for through a trust fund for those that have paid into it.

Part A -- Mandatory = it is financed through the social and covers services which are still subject to deductibles, pays for skilled care, home health but NOT assisted living

Part B -- Voluntary -- through the government with a changing month premium for things like physician services NOT drugs, hearing aids, dentures

Part C -- combination option to put A and B together- where the government has contracted with outside agencies which are medicare approved and you buy it from the private company not from the government.