What is the difference between Medicare and Medicaid?

Medicare and Medicaid are two important government programs that help people with medical care. They have similarities, but there are some key differences to understand. Medicare is a national health insurance program that provides health insurance coverage to individuals who are 65 and older, as well as certain younger individuals with disabilities and those who have End-Stage Renal Disease. Medicare is divided into four specific parts, including Part A Hospital Insurance, Part B Medical Insurance, Part C Health Care Options, and Part D Prescription Drug Coverage. Medicaid is a state-administered health insurance program that is funded by both the state and federal government. It is designed to provide health care coverage to those with limited income and resources. Medicaid programs vary by state, so the coverage and benefits available may differ. Generally, Medicaid covers most of the same services that Medicare does, but there are some additional services that may be offered, such as home health care or long-term care. In summary, Medicare is a national health insurance program that is specifically designed for those over 65 or with certain disabilities and Medicaid is a state-run health insurance program that provides health care coverage to those with limited income and resources.

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What is the difference between Medicare and Medicaid?

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