Medicare vs Medicaid What You Need to Know | The Difference + Who Qualifies
Many people believes that Medicare and Medicaid is the same thing. Understanding the difference between Medicare vs. Medicaid can be a bit confusing. Medicare is a health insurance program earned by working in the US for 10 years or 40 quarters and have paid Medicare taxes. Or you are under 65 with certain disabilities. Medicaid is a federal and state program that helps low income families and individuals pay for healthcare. Medicaid offers some benefits that Medicare doesn't cover such as Long term care. In this video we go over the different between the two and the benefits of having both if you do qualify to have both plans.
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Key points:
What Medicare covers and what Medicaid covers
Why you should apply for both
Who can apply for Medicare and Medicaid
What to do with a bill if you have QMB Medicaid level
#medicare #medicaid #seniorhealth
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