Medicare vs Medicaid Whats the Difference

What is the difference between Medicare and Medicaid? They often get confused for one another because they look and sound almost identical. However, they typically serve two different groups of people.

The quick and easy way to remember is that MedicAID is sort of like financial aid with health coverage for those with low incomes.

MediCARE is the federal healthcare program for senior over age 65 or people of any age who are disabled, diagnosed with End Stage Renal Disease, or ALS (Lou Gehrig’s Disease).

For any Medicare questions, reach out to us at 90DaysFromRetirement.com

If you have Medicaid-only questions, your best resource will be your state Medicaid office: https://www.medicaid.gov/

Here is the video behind the Pink Shirt:

Chapters:
0:00 Introduction
0:28 What is Medicare
1:26 What is Medicaid
2:04 Can you have both?
3:22 Where to go for help
3:38 Wrapping up

By isa

Leave a Reply