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What is the difference between Medicaid and Medicare?

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What is the difference between Medicaid and Medicare?

May 19, 2022
Geoff Hoatson

Medicaid and Medicare are both tax-funded government programs that help cover healthcare costs. Medicaid is for people with limited income and is managed by the states. Medicare, managed by the federal government, is for people who are 65 and older or have a disability. While Medicare is based on age, Medicaid is based on income.

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