What is Medicaid and Medicare?

Overview

Medicaid and Medicare are two different types of healthcare program coverage. These two programs are offered in the United States and are government-funded programs meant to aid and assist medically two different groups of people. They both have two separate eligibility requirements and have different funding.

What is Medicaid?

Medicaid is funded by both the state and federal governments. This program’s mission is to assist low-income families and individuals. Every state has different eligibility requirements, with some expanded by the Affordable Care Act.

What is Medicare?

Medicare is a program that is funded by the federal government. This program is primarily for citizens 65 years and older, and those with disabilities. This covers hospital and medical insurance, Medicare Advantage plans, and prescription drug coverage.

Conclusion

Medicare and Medicaid are two programs that benefit various citizens in need of healthcare support. Unlike Medicaid, Medicare is based on age rather than income. While both of these programs' healthcare coverage, they both serve two different groups of people and have different eligibility requirements. Some individuals qualify for both Medicaid and Medicare meaning they have “dual eligibility” allowing them to receive benefits from both.

Sources

• https://www.hhs.gov/answers/medicare-and-medicaid/index.html#:~:text=What's%20the%20difference%20between%20Medicare,with%20limited%20income%20and%20resources

• https://www.anthem.com/ca/medicare/learn-about-medicare/medicare-vsmedicaid#:~:text=While%20Medicare%20is%20the%20primary,and%20other%20costs%20not%20covered

• https://www.medicare.gov/basics/costs/help/medicaid

• https://www.hhs.gov/answers/medicare-and-medicaid/what-is-the-difference-between-medicare-medicaid/index.html