Myths and Facts in Medicaid

Myths and Facts in Medicaid

http://www.medicaidpatients.com/medicaid-myths-and-truths/

MEDICAID MYTH #9: Medicaid is ineffective.

FACT: Compared to private health insurance, Medicaid has lower administrative costs per claims. Furthermore, Medicaid’s per capita growth is half the rate of growth that is found in the private health insurance sector. Medicaid has remained consistently effective despite the exponential growth of the program.

MEDICAID MYTH #10: Medicaid is a poor substitute for private health care.

FACT: Medicaid has made health care accessible to people who otherwise would not have any means to secure coverage for themselves. The coverage provided by Medicaid to its beneficiaries is comparable to the ones provided by private health insurance companies.