Understanding the difference between Medicare and Medicaid as well as what each of them does can become confusing; luckily, We Care is able to assist.
Medicare
To see if you qualify for Medicare, contact your social security office. If you are over the age of 65 you should automatically qualify for the program unless certain health conditions outline that you are able to qualify for the program earlier. Medicare generally covers two areas; inpatient and outpatient care. Inpatient care covers a visit to the hospital, while outpatient care covers medical visits that aren’t over night. Medicare also allows you to add coverages to your overall plan. Examples of these would be prescription drugs, dental services, and osteopathic services. Billing for this specialized plan is paid as a normal medical bill is paid, through premiums, deductibles, coinsurance, and copays.
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Medicaid
Qualifying for Medicaid depends solely on your location and income. To qualify for Medicaid you must meet your state of residency’s income requirements. These requirements can be located by speaking with your states Medicaid representative or checking on your state’s website. Similar to Medicare, Medicaid covers both inpatient and outpatient care. Medicaid is a great option for those who are low income. If you already qualify for Medicare, you can save extra through a Medicaid program.
For any more questions about the differences in Medicare and Medicaid, or about other topics related to insurance, please feel free to reach out via phone or email. We’d love to help you with your insurance needs!
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