What's the difference between Medicaid and Medicare?

Answer by  CFERGY21 (49)

Medicaid is a medical insurance program for low income families or individuals of any age who would not otherwise be able to afford healthcare coverage. Medicare is typically for over 65 year old individuals or those on permanant disability, or social security benefits. Medicare can be supplemented with other coverage.

Answer by  Julie (172)

Medicare is for people who are over the age of 65, and are most likely retired from the workforce. Medicaid is for people of a certain income level who cannot afford to pay for normal or emergency medical expenses on their own without help from the state in which they live.

Answer by  technogeek (6640)

The easy answer is that Medicaid is for everyone and Medicare is for retirees (senior citizens). Medicare has various parts the cover different expenses that senior citizens will encounter as they attempt to acquire medical assistance for various medical issues. Medicaid is general medical insurance for low income families, particularly children.

Answer by  Carol37 (569)

Medicaid is for the folks who are not able to pay the Medicare or any other insurance premium. Medicare is for 65 yr olds and they have to join.