Medicare versus Medicaid

MEDICARE MEDICAID Federal Federal & State Insurance Program Assistance Program Paid for by Federal, State, Paid for by a Trust Fund funded with Payroll Taxes Benefits people with and Local Taxes Disabilities Same Program Nationwide Program differs State by State Prescription Drug Coverage Benefits people over the age of 65 Benefits people with low incomes Outpatient Hospital Care Participants pay deductibles and for part of coverage Participants pay very little or no part of coverag Inpatient Hospital Care Participants receive regular Dental and Vision Exams Divided into 4 Parts: A, B, C & D ©2014 Seidell ŞEAN ŞEIDELL ART + SCIENCE Source: medicare.gov, hhs.gov, medicaid.gov, healthcare.gov http://www.seanseidell.com MEDICARE MEDICAID Federal Federal & State Insurance Program Assistance Program Paid for by Federal, State, Paid for by a Trust Fund funded with Payroll Taxes Benefits people with and Local Taxes Disabilities Same Program Nationwide Program differs State by State Prescription Drug Coverage Benefits people over the age of 65 Benefits people with low incomes Outpatient Hospital Care Participants pay deductibles and for part of coverage Participants pay very little or no part of coverag Inpatient Hospital Care Participants receive regular Dental and Vision Exams Divided into 4 Parts: A, B, C & D ©2014 Seidell ŞEAN ŞEIDELL ART + SCIENCE Source: medicare.gov, hhs.gov, medicaid.gov, healthcare.gov http://www.seanseidell.com