Health care policy and financing - Research Paper Example

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Health care policy and financing

Below are various competencies that the nurse is expected to exhibit in the face of the Medicare & Medicaid Innovation. 712.1.1: Legislative and Regulatory Processes The legislative instrument guiding the formation and operation of the Medicare & Medicaid Innovation is vested in the Social Security Amendments of 1965, which was specifically set up to cater for the health needs of specific categories of United States citizens with low income and economic resources (Dziegielwski, Turnage and Roest-Marti, 2004). What this means is that both Medicare and Medicaid are population stratified legislations that cover a specific population. The process of implementing the legislation was vested into individual states. This means that each state administers or implements its own Medicare & Medicaid Innovation policies. The idea of doing this is to promote healthy competition among the various state implementing agencies. This not withstanding, there is a federal regulation of the project, which as at now is vested to the care of federal Centers for Medicare and Medicaid Services (CMS). The general process of monitoring and evaluation of the regulation of the policy is there in the hands of the Centers for Medicare and Medicaid Services (CMS), who are in return expected to render feedback accounts to the larger population of the United States. ...Show more

Summary

HEALTH CARE POLICY AND FINANCING Introduction As much as governments put in interventions to improve healthcare by coming up with policies and programs, it is important that all other stakeholders play their individual roles in ensuring that the policies and programs yield the objectives with which they were set up…
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