what is difference of medicare and medicaid
Medicare and Medicaid are two completely different programs. The main difference is that Medicare is generally for people who are older or disabled, and Medicaid is for people with limited income and resources. The table provides more information about each program and how they compare. Medicare.
This is not the only difference between it and Medicare, however. Medicaid covers low-income people who do not have the financial means to afford healthcare, while Medicare applies to everyone who has paid into the system and reached the point of eligibility.
Medicare is a federal health insurance program while Medicaid is a federal-state medical assistance program. Medicare is an insurance program that provides medical care to people over 65. Seniors' medical bills are paid from funds which those covered have paid into. People of 65 are covered, regardless of their income...but it is not free.
Medicaid, on the other hand, is a health care program for low-income individuals who could not otherwise afford health insurance. Medicaid is funded in part by the government and the state in which the enrollee lives. The states establish their own eligibility standards and services for Medicaid, while the federal government establishes criteria for Medicare.