Understanding the Differences between Medicare and Medicaid

Medicare and Medicaid are two distinct health insurance programs with different eligibility criteria, coverage options, and income limits. Medicare is primarily intended for individuals aged 65 or older, while Medicaid provides coverage for low-income individuals and families. While both programs are funded by taxpayers, they differ in terms of income eligibility and the scope of benefits provided. This article explores the key differences between Medicare and Medicaid, including eligibility requirements, coverage options, and the impact of income on benefits.

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