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Describe how government contracting and payments for health care developed and subsequently evolved since the enactment...

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General Management

Describe how government contracting and payments for health caredeveloped and subsequently evolved since the enactment of Medicarein the 1960's and how has it susequently evolved into today'ssystem. Provide two examples of how health care contracting issimilar and/or dissimilar to other forms of governmentcontracting.

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The enactment of Medicare Medicare is a government program that provides health and medical insurance for US citizens who lie above age 65 or living with disabilities Funding of medicare directly comes from SECA and FICA Medicare has served as a guard and is considered to be the lifeline for the American citizens helping them to cope up with the illness and poverty in their old age Today Millions of people have enrolled themselves in the medicare program which shows that they have greater trust in the federal government and they themselves are getting greater advantage from the medicare facilities Medicare is a federal government program that plays a very important and crucial role in eliminating povertydisease and maintaining the health security of the citizens of the country Medicare has become known as a social institution which helps in shaping the lives of the citizen as well as providing them with physicians    See Answer
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