What are the key differences between Medicaid and Medicare?

What are the key differences between Medicaid and Medicare?

Medicaid is a state and federal program that provides health coverage for low-income individuals, while Medicare is a federal program for people aged 65 and older, or those with certain disabilities.

Can you explain who qualifies for each program?

Sure! Medicaid eligibility varies by state but generally covers low-income families, pregnant women, children, and individuals with disabilities. Medicare primarily serves those 65 and older, regardless of income.

Are there any costs associated with either program?

Yes, Medicaid often has low or no costs for eligible individuals, while Medicare may have premiums, deductibles, and co-pays depending on the plan.

What services do they cover?

Medicaid covers a wide range of services including hospital visits, long-term care, and preventive care. Medicare covers hospital care, outpatient services, and prescription drugs, but the coverage can vary by plan.