For this writing assignment, please explain why the following course objectives are important for medical billers and coder to understand:

1. Understand the history and impact of health insurance on health care reimbursement process and recognize various types of health insurance coverage.

2. Identify the key elements of a managed care contract and identify the role HIPAA plays in the health care industry.

3. Recognize and explain the different components of physician and hospital billing and differentiate between the two types of services.

4. Explain the difference between Medicare and Medicaid billing.

Please include at least 3 scholarly articles within your response. Overall response will be formatted according to APA style and the total assignment should be between 2-4 pages not including title page and reference page.