What is the difference between Medicare and Medicaid?

Medicare and Medicaid are both health insurance programs that provide medical benefits to different groups of people in Virginia. Medicare is a health insurance program designed for individuals who are age 65 or over, individuals with certain disabilities, and those with End Stage Renal Disease (ESRD). It is funded by the federal government and is a way of providing health care coverage to individuals who need it most. On the other hand, Medicaid is a health insurance program designed for people with low incomes. It is a joint program between the federal government and the state government that provides medical benefits to those who may not be able to afford health insurance. Medicaid is specifically designed to help individuals and families who may not be able to afford medical services and treatments. The main difference between Medicare and Medicaid is the eligibility criteria. Medicare is available to individuals age 65 and over, those with certain disabilities, and those with ESRD. Medicaid is available to people with low incomes, regardless of age. The other difference is that Medicare is funded by the federal government, while Medicaid is funded by both the federal and state governments.

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What is the difference between Medicare and Medicaid?

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