Question

Which of the following is a valid comparison of Medicare versus Medicaid?

1) Medicare provides health insurance for individuals aged 65 and older, while Medicaid provides health coverage for low-income individuals and families.
2) Medicare is funded by the federal government, while Medicaid is a joint federal and state program.
3) Medicare covers hospital stays, doctor visits, and prescription drugs, while Medicaid covers a broader range of services including long-term care.
4) Medicare eligibility is based on age and disability, while Medicaid eligibility is based on income and other factors.

Answer 1

Medicare is a federal program for those 65+ and the disabled, while Medicaid is a joint federal and state program for low-income individuals. Differences include the services covered and the basis for eligibility, with Medicare focusing on age/disability and Medicaid on income/other factors.

Step-by-step explanation:

When comparing Medicare and Medicaid, it's essential to note a few key differences between these two healthcare programs:

• Medicare is a federal program providing health insurance primarily for individuals aged 65 and older, as well as for some younger people with disabilities.
• Medicaid is a joint federal and state program that helps with medical costs for low-income individuals and families, and eligibility can vary by state.
• Medicare covers hospital stays, doctor visits, and prescription drugs, while Medicaid offers a broader range of services, including long-term care.
• The eligibility for Medicare is based on age and disability status, while Medicaid eligibility depends mainly on income and other specific factors.

Therefore, the valid comparisons among the given options are:

1. Medicare provides health insurance for individuals aged 65 and older, while Medicaid provides health coverage for low-income individuals and families.
2. Medicare is funded by the federal government. On the other hand, Medicaid is a joint federal and state program, where both contribute to funding.
3. Medicare primarily covers hospital stays, doctor visits, and prescription drugs, while Medicaid covers a broader range of services, including long-term care.
4. Eligibility for Medicare is based on age and disability, whereas Medicaid eligibility is income-based and considers other factors as well.