You have probably heard the terms “Medicaid” and “Medicare” many times, but do you know the main differences between the two programs? If not, below is a very general description of Medicaid verses Medicare.
Medicaid is an assistance program through the federal government and local state governments. Medicaid provides assistance to low income families and individuals who are in need of medical and long-term care. Individuals either pay small co-pays or nothing at all depending on the level of assistance.
Medicaid has very strict eligibility requirements. It is beneficial to sit down and consult with an attorney when you or a family member is in the process of qualify for Medicaid. There are federal and state guidelines which have been set forth to determine who qualifies for Medicaid. You can learn more about New Hampshire Medicaid on the Department of Health and Human Services’ website.
Medicare is an insurance program attached to Social Security. Medicare is available to all individuals who are U.S. citizens 65 years of age or older, as well as some individuals with disabilities. Unlike Medicaid, Medicare is available regardless of an individual’s income. The amount of Medicare assistance received by the covered party depends on what that person has paid into the Medicare system.
Additionally, Medicare is a federal program, not a state program, and is run by the Centers of Medicare & Medicaid Services. Medicare does not cover the entirety of a person’s medical expenses but, a portion of the expenses through deductibles. To find more information on Medicare in New Hampshire, go to the Department of Health and Human Services’ website.
If you or someone you know is in the process of being approved for Medicaid and is looking for information regarding the eligibility process, please contact our office. A member of our team at Morneau Law would be more than happy to sit down with you and/or your family to discuss your options. To meet with one of our experienced attorneys in the Greater Nashua area call us today at 943-5647.