What is the primary difference between Medicare and Medicaid?

The primary difference between Medicare and Medicaid lies in their target populations and coverage goals. Medicare is specifically designed for individuals aged 65 and older, although younger individuals with specific disabilities may also qualify. This program primarily focuses on providing health coverage to seniors, including hospital insurance (Part A) and medical insurance (Part B), as well as additional options like Medicare Advantage and prescription drug coverage.

On the other hand, Medicaid is aimed at providing health coverage for low-income individuals and families, regardless of age. It serves as a safety net for those who may not have the financial means to afford health care services, covering a broader range of services and populations, including children, pregnant women, and individuals with disabilities.

This distinction clarifies that while both programs play critical roles in the U.S. healthcare system, they serve different demographic groups and have different eligibility requirements.