Which of the following is a difference between Medicare and Medicaid programs?
A)Medicare is funded by the government whereas Medicaid is a private health insurance program.
B)Medicare is restricted to people of a certain age whereas Medicaid is not dependent on age.
C)Medicare is available only to low-income people whereas Medicaid is available to all people.
D)Medicare follows third-party medicine whereas Medicaid is based on out-of-pocket payments.

Question

Quizplus · Accepted Answer

The main difference between Medicare and Medicaid is that Medicare is a federal health insurance program that is mainly available to individuals who are 65 or older, while Medicaid is a joint federal and state program that provides healthcare coverage to low-income individuals of all ages. Therefore, Medicare is restricted to people of a certain age, whereas Medicaid is not dependent on age.

Which of the Following Is a Difference Between Medicare and Medicaid