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Similarities Between Medicaid And Medicare

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Medicaid and Medicare are both government run programs that were created in 1965, for low income and older people to get private health insurance. Although these are both government programs, they are not the same. Medicaid is health insurance that provides coverage for low income families, this is also a federal and state program.

Whereas Medicare you need to be 65 or older or have a major disability and income is not a factor. Medicare is only a federal based program. One of the other differences between the two are Medicaid will cover long term care and assisted living as long as it is necessary, where Medicare does not.

The similarities that I found among the two are the fact that they are both funded federally, and that they are both

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