Medicare vs Medicaid


#1

Medicare vs Medicaid


#2

Medicare vs Medicaid

Medicaid and Medicare are two health insurance programs which are sponsored by the government and it is available to Americans.
Medicare is mainly for the adults 65 and over and it is standardized across the United States. Medicaid is mainly for low-income individuals and families and the eligibility varies because it is funded jointly by the states.
These two government insurance have numerous differences which are often interchanged with each other. Some of them are listed below.

  1. Only qualify individual can use Medicare not all of the family while all the members of a family are qualified for Medicaid based on their family situation.
  2. The coverage and eligibility of Medicaid are different from one state to the other because it is managed by the federal and state government while there is a basic standard in Medicare.