What is Medicare and Medicaid | How does the US Govt. impact access to care through these programs?

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How do you tackle questions in your dental school interviews on your understanding of the healthcare system in the US? In this video series, Karthik from CAAPID Simplified provides a thorough understanding of the fundamentals of the healthcare system in the US.

To view the first part of the series, Click here.

In the second video of this series, Karthik explains whether the government should spend more to help more people with their healthcare expenditures? This video will help you understand the reality.
Should you cover medicare patients as a dentist with private practice? In this video, Karthik also explains and differentiates between the terms Medicare and Medicaid.

0:52 – Looking at the numbers: How many Americans have healthcare? How much does the government spend? Can the government spend any more money?
2:08- Difference between Medicare and Medicaid.
4:18- Takeaways

How many Americans have healthcare? How much does the government spend? Can the government spend any more money? The federal government spends up to 1.1 trillion dollars on 100 million Americans every year.

Medicare is largely owned by the Federal Government whereas Medicaid is owned by the State Government. However, there is a portion of the Medicaid that is funded by the central/federal government. Medicare is only for adults aged 65 and above. Medicaid has no age restrictions. It is for people who cannot afford healthcare. Karthik also talks about the type of people Medicaid covers,

Takeaways:
If you are going to an interview and were to speak about Medicare and Medicaid you need to know how many Americans are currently accessing these 2 healthcare schemes.
The USA is one of the countries that spend a very high percentage of its GDP on healthcare. So the final answer is no, the govt does not need to spend any further on healthcare

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Hi! This is Karthik and Nourah, founders of CAAPID SIMPLIFIED. We started this channel to guide foreign-trained dentist secure US Dental admissions through CAAPID and ADEA-PASS. We share the strategies through webinars and short-videos that helped Dr. Nourah secure 10 interview invites as a fresh BDS graduate. Whether it is CU Dental, BU Dental or even the rare and niche UNC Chapel Hill, we have the experience of being there and seeing what works. From time to time we help dental applicants through 1-on-1 sessions further validating our strategies to crack dental school.

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Would Universal Healthcare Save Money, What is Medicare and Medicaid | How does the US Govt. impact access to care through these programs?.

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