What Is The Difference Between Medicare And Medicaid
Olivia Luz
Learn more about medicare vs.
Medicare is available to most americans over the age of 65 whereas medicaid is exclusive to lower income individuals and some disabled people. Essentially medicare is for people who are over age 65 or have a disability while medicaid is for people with low incomes. Medicaid is an assistance program. Medicare typically covers citizens 65 and over and those with certain chronic conditions or disabilities while medicaid eligibility is mainly based on income level.
Medicare is a federal health insurance program for those over 65 years of age certain younger people with disabilities and those with end stage renal disease esrd. You re eligible for medicaid if your income is below a certain level depending on your state. If you are eligible for both medicare and medicaid dually eligible you can have both. Updated on november 24 2020 medicare and medicaid both provide healthcare coverage via government programs but they have some important differences.
Medicare is based on age or disability. You re eligible for medicare if you re 65 or over or have a specific illness. Medicaid is a federal state program. For more information regarding medicare and its components please go to http www medicare gov.
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Some people are eligible for both. Medicaid is based on income. Another big difference is that the specifics of medicaid vary from state to state whereas medicare is the same nationwide. Patients usually pay no part of costs for covered medical expenses.
Medicare provides health coverage for the elderly while medicaid covers healthcare costs for people with low incomes.
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