Medicare and Medicaid are the two main federal insurance programs in the United States. The similarity of their names; It is common for people to confuse one with the other. however Everyone has different roofs, and they are different.
What is the difference between Medicare and Medicaid?
Medicare is a Federal government program that covers the medical expenses of approximately 63 million Americans, age 65 and older.. Young people can be covered if they have a disability.
That The Medicaid program is run at both the state and federal levels and covers 72 million Americans, including children, parents, adults, seniors, and people with disabilities. Then we share the differences between one and the other.
Medicare
According to the Department of Health and Human Services, Medicare is a federal insurance program whose medical bills are paid from trust funds in which covered individuals pay.
This program mainly serves people over 65 years of age.regardless of their income, as well as young disabled people and patients with kidney failure who need dialysis.
Patients pay part of the expenses through hospital fees and other expenses Small monthly premiums are required for non-hospital coverage.
Medicare has four coverage plans, commonly called Parts A, B, C, and D. Part A relates to inpatient hospital services; Part B covers services administered outside the hospital; Part C extends the coverage of Parts A and B, and Part D provides prescription drug coverage.
For more information about Medicare and its components, visit http://www.medicare.gov.
To interest you: Differences between the Card and the United States
Medicaid
But against, Medicaid is a federal-state assistance program for low-income people of all ages. Patients generally do not pay a fixed portion for covered medical expenses, but sometimes a small co-payment is required.
Medicaid eligibility requirements vary from state to state, but follow federal guidelines. However, generally speaking, Medicaid provides health coverage for some people low income individuals, families and children, pregnant women, the elderly and people with disabilities. In some states, the program covers all low-income adults below a certain income level.
For more information about Medicaid, see http://www.medicaid.gov.
