Difference Between Medicaid And Medicare

here are several differences between Medicaid and Medicare, which are both federally funded health insurance programs.

Medicare provides federal funded health insurance to people over the age of 65, dialysis patients and young disabled people. Medicare patients must pay a deductible and out-of-pocket expenses that are not covered.

Medicaid provides federal and local funded health insurance for low-income families. Patients usually pay none or a very small co-pay. Medicaid is governed by both the local and federal government agencies.

In conclusion, both Medicaid and Medicare are different programs. Costs, eligibility, funding and guidelines differ between both government funded programs. For example, Medicaid is governed by both the federal