Medicaid Lecture

Question 1

What does Medicaid do?

Answer 1

• Gives insurance to Aged and Disabled

- Grants states ability for Medical Assistance Programs

Question 2

Medicaid is Means Tested, whats that?

Answer 2

• Have to have certain financial criteria

- Legal Entitlement

Question 3

How do states and federal government work on Medicaid?

Answer 3

• States administer each program
• Matching grants to states that participate
• Based on income
• Federal Contribution open ended

Question 4

How is medicaid dual funded?

Answer 4

For every dollar the states put in the feds contribute around 57%. so if states do not put up a dollar the state looses $2.33

Question 5

Is medcaid a hard cap on number of beneficiares?

Answer 5

Medicaid coverage is flexible, not a set cap of people who can join.

Question 6

does Every state have a medicaid program?

Answer 6

yes!

Question 7

What are two ways to qualify for medicaid?

Answer 7

• Financial criteria

- Categorical Criteria

Question 8

What are two tips of medicaid special coverage?

Answer 8

CHIP (7 million)

Dual medicare+medicaid people (9.2 million)

Question 9

What are some basic characteristics of Medicaid beneficiaries?

Answer 9

• 15% disabled
• 10% elderly
• 25% adults
• 50% children
• Sicker and more disabled than the privately insured

Question 10

How much of medicaid is used for Rx?

Answer 10

only 7.8 %

Question 11

What was the effect the ACA had on Medicaid

Answer 11

-Expanded Medicaid
-7-16 million previously uninsured
12 million: insurance marketplace
11 million Medicaid expansion

Question 12

What are some problems with ACA expanison?

Answer 12

States are not forced to expand, in many cases leaves gaps between 50% and 100% of FPL