WHAT’S THE DIFFERENCE BETWEEN MEDICAID AND MEDICARE?

What is the difference between Medicare & Medicaid?

Medicare is governmental health insurance for folks 65 or older or who have been on social security disability for at least two years. Medicare is not income based.

On the other hand, Medicaid is an income based health insurance. In Indiana, there are many different Medicaid type programs, they all are based on a person’s income and not necessarily the person’s assets. Additionally, if a person qualifies for SSI – Social Security Income – they will also qualify for Medicaid.