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Asked by: Uxia Mendizaval
personal finance health insuranceWhat are the differences between Medicare and Medicaid quizlet?
Also question is, which of the following illustrates the main difference between Medicare and Medicaid?
Medicare helps to insure the elderly, while Medicaid focuses on low-income individuals and families. Medicaid was established to help ensure that people living below the poverty level could receive health care.
what is the difference between Medicare and Medicaid quizlet economics?
Medicare is a federal health insurance program while Medicaid is a federal-state medical assistance program. Medicare is an insurance program that provides medical care to people over 65. Seniors' medical bills are paid from funds which those covered have paid into.
Medicare Part A pays for care in hospitals, skilled nursing facilities, and home health care; Medicare Part B pays for physician, diagnostic, and treatment services; Medicare C, also called Medicare Advantage, pays for hospital, physician, and, in some cases, prescription medications; Medicare Part D is a prescription