Medicare and Medicaid are government-backed healthcare programs that serve different groups of people and have different eligibility requirements. Some people may qualify for both programs. It’s important to understand the differences between Medicare and Medicaid and how each one works so that if you’re eligible for either or both, you can receive all the benefits offered to you.
Medicaid vs. Medicare: What’s the Difference?
While they sound alike, Medicare and Medicaid are two different programs. Both can help you pay for health care and medical expenses, but Medicare is an age-based federal health insurance program that guarantees coverage for individuals ages 65 and over and some younger people with disabilities.