Medicare and Medicaid are commonly confused with one another. The fact is that they’re both government programs involved with healthcare also further confuses people. Both Medicare and Medicaid differ in regards to the people they cover, their funding, and how they’re governed by the state and/or federal government. Although these healthcare-related programs serve different purposes for Americans, they’re considered a necessity for low to middle-income workers in need of healthcare. Behind Medicare Medicare is primarily an insurance program. The program involves patients deferring payments to trust funds while they are working full-time, which covers their medical bills once they retire. This program mainly covers people over age 65 at any income level; younger disabled holders and other patients, like dialysis … Continue reading Medicare vs. Medicaid