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Medicare vs Medicaid

Understanding the differences between these two programs

What's the Difference?

Medicare

  • Federal health insurance program
  • For people 65+ and those with certain disabilities
  • Funded by payroll taxes and premiums
  • Same benefits regardless of state
  • Has premiums, deductibles, and coinsurance

Medicaid

  • Joint federal and state program
  • For people with limited income and resources
  • Funded by federal and state taxes
  • Benefits vary by state
  • Usually low or no cost to enrollees

Dual Eligible (Medicare + Medicaid)

Some people qualify for both Medicare and Medicaid. These "dual eligible" individuals often have most of their healthcare costs covered.

Learn About Dual Plans