Federal government health insurance program

Reference no: EM133639831

Question

Medicare is a federal government health insurance program that mandates compliance with its standards through state and federal oversights. One of the core Medicare regulations is to protect its recipients. The Balanced Budget Act of 1997 formalized Medicare health maintenance organization (HMO) and named it as Medicare+Choice. Later, the Medicare Modernization Act of 2003 renamed it as Medicare Advantage.

1. Describe federal or state regulations of Medicare Advantage plans.

2. Outline two pieces of vital information regarding Medicare Advantage plans from the Kaiser Family Foundation's Medicare.

Reference no: EM133639831

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