What is the difference between medicare and medicaid? I am confused.?

What are the requirements of each?

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  • 1 decade ago
    Favorite Answer

    Medicaid is intended to assist folks with needs their families have. There are financial guidelines for inclusion into the program. They provide money, help with rent, help with health issues, etc. Medicare is a tax which is taken out of paychecks one receives when they work. When a person retires or quits working due to an injury, they can apply for Social security benefits and part of that is the medicare benefits. They provide an insurance of sorts to those receiving SSI. They are only a help as there are multi and costly deductibles. It does indeed help though. All programs have guidelines and the ones for medicaid especially are hard with their very low financial means tests.

  • Anonymous
    1 decade ago

    I can not believe the answers you got medicaid is from the state

    medicare is from the federal gov. Most of the time for long term health you first get medicaid. If you exhaust your medicaid benefits then you are transfered to medicare

  • 1 decade ago

    Medicare= for old people

    Medicaide= for poor people

  • Anonymous
    1 decade ago

    Medicare is usually for people over 65 or those with a disability.

    Medicaid is for people with limited income and little personal property...

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