Medicare is a government-sponsored health insurance program primarily designed for individuals aged 65 and older, as well as certain younger people with disabilities. It offers essential medical coverage, including hospital care, medical services, and prescription drugs, providing a safety net for healthcare costs during retirement or when dealing with qualifying health conditions. Medicare plays a crucial role in supporting the health and well-being of seniors and eligible individuals, helping them access necessary medical services and treatments.
Medicaid is a government assistance program that offers essential health coverage to low-income individuals and families. It provides a wide range of medical services, including doctor visits, hospital stays, prescription medications, and preventive care. Medicaid is designed to ensure that those with limited financial resources can access necessary healthcare without facing undue financial hardship. It plays a vital role in promoting health equity and providing a safety net for vulnerable populations.