If you are turning 65 soon, you might be wondering if you qualify for Medicaid as well as Medicare. In some instances, this might be true. However, turning 65 and qualifying for Medicare doesn’t mean you automatically qualify for Medicaid. Let’s review the difference between Medicare and Medicaid so you can choose the program that best fits your needs.
What’s the Difference Between Medicare and Medicaid?
Even though Medicare and Medicaid sound like the same program they are very different in who they provide care for. Make sure you understand these programs to ensure you receive all of the benefits you qualify for. The biggest difference between Medicare and Medicaid is that they are two completely separate programs.
First off, Medicare is a Federal Health Insurance program available to people 65 and older, people with certain disabilities, and those with end-stage renal disease. If you are turning 65 soon, you’ll want to click here for more detailed information regarding the Medicare Insurance Program.
Second, Medicaid is a joint State and Federal program focused on providing health insurance to low-income individuals. Medicaid may also cover services that Medicare does not.
Can I Be on Both Medicare and Medicaid at the Same Time?
Yes. This is called dual-eligibility. To qualify for Medicaid, you must meet strict income guidelines. Medicaid is available to people of all ages. Call your state Medicaid program to see if you qualify.
If you are turning 65, call the Social Security office at 1-800-772-1213 to get started on Medicare.
Final Thoughts With Regard to the Difference Between Medicare and Medicaid
The difference between Medicare and Medicaid is pretty simple. There is no automatic qualification for Medicaid. You may qualify for dual-eligibility based on your income.
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