What are the major differences between Medicaid and Medicare?!
Question: What are the major differences between Medicaid and Medicare!?
Answers:
Medicaid is a federally funded program through taxing set up for indigent (poor) people!. Medicare is based on work history (or work history of a spouse in the case of a wife who never worked outside the home) and is funded through taxes taken out of wages earned over the years!.
Medicaid insurance only allows certain charges by certain providers and the reimbursement is very poor to the care providers!.
Medicare is pretty widely accepted by most care providers but unfortunately also pays doctors, etc!., only a portion of their charges, which is then turned over to a secondary insurance like Blue Cross, etc!.
Hope this clears it up!.Www@Answer-Health@Com
Medicaid insurance only allows certain charges by certain providers and the reimbursement is very poor to the care providers!.
Medicare is pretty widely accepted by most care providers but unfortunately also pays doctors, etc!., only a portion of their charges, which is then turned over to a secondary insurance like Blue Cross, etc!.
Hope this clears it up!.Www@Answer-Health@Com
Medicaid is the United States health program for individuals and families with low incomes and resources!.
Medicare is a social insurance program administered by the United States government, providing health insurance coverage to people who are aged 65 and over, or who meet other special criteria!.Www@Answer-Health@Com
Medicare is a social insurance program administered by the United States government, providing health insurance coverage to people who are aged 65 and over, or who meet other special criteria!.Www@Answer-Health@Com
Medicare is for those over 62 or 65!.
Medicaid is health insurance for the indigent, children, unemployed or under employed that qualify or are on welfareWww@Answer-Health@Com
Medicaid is health insurance for the indigent, children, unemployed or under employed that qualify or are on welfareWww@Answer-Health@Com
Medicaid is Public Aid medical!.
Medicare is for the elderly, 65 and up!.Www@Answer-Health@Com
Medicare is for the elderly, 65 and up!.Www@Answer-Health@Com