Similarities Between Medicaid And Medicare
It is common that people are confused about the differences and similarities between the health programs, Medicaid and Medicare. Though they do sound very much alike, they are not the same. Differing in procedures, policies, and eligibility.
Medicare is a federal health insurance program for individuals 65 years of age and older with the exceptions of younger people with disabilities and people with End-Stage Renal Disease. Medicaid is a federal government ran program available to anyone 65 and older regardless of their income. There are 4 parts to Medicaid, parts A, B, C, and D. Part A deals with hospital bills, Part B handles medical insurance, Part C deals with health maintenance organization (HMO/PPO), and Part D covers prescriptions.
Medicare is a federal health insurance program for individuals 65 years of age and older with the exceptions of younger people with disabilities and people with End-Stage Renal Disease. Medicaid is a federal government ran program available to anyone 65 and older regardless of their income. There are 4 parts to Medicaid, parts A, B, C, and D. Part A deals with hospital bills, Part B handles medical insurance, Part C deals with health maintenance organization (HMO/PPO), and Part D covers prescriptions.