Although Medicare and Medicaid are both designed to serve those who can’t afford private health insurance, there are a few key differences between the programs. Medicare is health coverage for individuals age 65 and older and those with certain qualifying disabilities. Medicare benefits people within any income bracket. Medicaid, however, is health coverage specifically for low-income individuals, and is provided at low or no cost. Some people can qualify for both Medicare and Medicaid, provided they meet the right requirements.
