What's the difference between Medicaid and Medicare?

Answer 1

Medicare is Health Insurance through our Federal Goverment that everyone that is a US citizen gets when they turn 65. (or if disabled). Part A is free and part B is $88 out of your social security. You want both parts, and a supplemental Medigap policy.

Medicaid is Welfare Health care provided also by the government, but regulated by your particular State. You must be very impoverished to qualify for Medicaid. A lot of time people don't qualify for it if they have a Long Term Care need. This is how people lose what they worked their whole life for, and end up losing it all and ending up on welfare. Avoid Medicaid if you can, but it is there for those that need it.

Answer 2

Medicare and Medicaid are both government programs. Medicare is set up as the primary medical benefits program for people age 65 and older. It requires premium payments for the 2 parts of the program; Part A covers hospital, Part B covers doctors.
Medicaid is the medical benefits program for people who are the lowest income earners or who have no personal assets. Medicaid is managed by the individual state and is available to anyone of any age who meet the income and asset requirements.

Answer 3

I do know that medicare is for people over 60. Medicaid is for people who don't have enough money to pay for medical things that they need. Alot of people get medicaid when they have sudden injuries or illnesses like a car accident. All of a sudden you're overwhelmed with all these hospital bills and medical bills that there's no way you could pay. This is where medicaid come in to help you. I had medicaid for 6 months after I had a really bad car accident. There was no way I could have paid any of my bills if I hadn't had it.

J

Answer 4

Medicare is a federal health insurance program for people 65 years and older. Medicaid programs are state health insurance programs that generally cover uninsured minors of qualifying adults or persons under 65 qualifying because of a permanent disability.

Answer 5

medicare is a health insurance system for retirees for which they pay a premium deducted from their social security checks. medicare is a welfare plan designed to pay for indigent people to get medical treatment.