How are budgets applied in the planning process, and how can they be used to keep the organization on track throughout the fiscal year?

Answer the following prompts. (Doesn’t have to be more than a paragraph for each question)

1. Explain the adoption of Title XVIII (Medicare) and Title XIX (Medicaid) from a historical perspective. Why were these programs adopted? When was Title XXI (CHIP) implemented, and what is it?

2. How are budgets applied in the planning process, and how can they be used to keep the organization on track throughout the fiscal year? How do you think budgets have been used in your current or previous organization? Does it seem that the budgeting process was effective at your organization?