What is the difference between Medicare and Medicaid?

What is the difference between Medicare and Medicaid?

Medicare is a federal program for people 65 and older, while Medicaid is a state program for low-income individuals.

Who qualifies for Medicare?

Generally, individuals 65 and older qualify for Medicare, as well as some younger people with disabilities.

Can you explain the different parts of Medicare?

Sure! Medicare has four parts: Part A covers hospital insurance, Part B covers medical insurance, Part C is Medicare Advantage, and Part D covers prescription drugs.

What about Medicaid? Who can get that?

Medicaid eligibility varies by state, but it generally covers low-income individuals, families, pregnant women, and people with disabilities.

Are there any costs associated with Medicare?

Yes, Medicare can have premiums, deductibles, and copayments, depending on the coverage you choose.