Compare And Contrast Healthcare And Medicare

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Medicare is divided in two major parts: Medicare Part A and Medicare Part B (even though there in Part C and Part D as well); while Medicaid is not divided in any programs. Medicare calculates its service payment using the “resource-based relative value scale reimbursement method”. Medicaid funds medical and health-related services to low-income people, not denying them the funds regardless of having medical insurance or not.

There are situation in which a person might have Medicaid and Medicare.

Simply speaking, Medicare is a plan coverage for people who are 65 year of age, people with a severe disability and with End Stage Renal Disease. No matter your income you will qualify for this insurance. Medicaid provides covergae for people who

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