Medicare Help and Advice at no cost to you!
David Kerlin offers personalized one-on-one guidance on Medicare plans in your area, ensuring you make informed decisions that consider your healthcare needs, lifestyle, and budget. Having expert assistance ensures the best coverage and care.
Introduction: What are the differences between Medicare and Medicaid?
Medicare and Medicaid are two vital healthcare programs in the United States, aimed at providing access to healthcare services for different populations. While both are government-sponsored initiatives, they serve distinct groups and offer different types of coverage. In this article, we delve into the specifics of Medicare and Medicaid, highlighting their key differences and the services they provide.
Medicaid is a joint federal and state program established to provide health coverage to eligible low-income individuals and families. Eligibility for Medicaid varies by state and usually includes:
Low-income individuals and families.
Pregnant women.
Children.
People with disabilities.
Some seniors who meet income and asset criteria.
Medicaid covers a wide range of services, including doctor visits, hospital stays, preventive care, and long-term care services. It is funded jointly by the federal government and the states, with each state administering its own Medicaid program within federal guidelines. Depending on their income level and state regulations, Medicaid beneficiaries may have minimal or no cost-sharing for covered services. Lakeview offers D SNP plans as well.
Medicare primarily serves older adults and individuals with certain disabilities, while Medicaid primarily serves low-income individuals and families. Medicare is a federal program available nationwide, while Medicaid is a joint federal-state program administered by each state.
Which ever is your situation, David can help. Our goal is to facilitate a smooth and comprehensible transition to utilizing Medicare. We aim to assist you in discovering the ideal coverage tailored to your medical and financial requirements. Moreover, we strive to instill trust and confidence in your medical insurance and overall coverage.
What are the four parts to Medicare?
Part A and B
Hospital and Medical Insurance
Original Medicare consists of Part A (Hospital Insurance) and Part B (Medical Insurance), which covers things like impatient care and doctor visits. You will have out-of-pocket costs, such as deductibles and coinsurance.
Part C
Medicare Advantage
Part C, otherwise known as Medicare Advantage, consists of Parts A and B, as well as additional benefits, such as dental, hearing, and vision. Medicare Advantage plans can also include Part D prescription benefits, often referred to as MAPD plans.
Part D
Prescription and Drug Coverage
Part D helps cover the cost of prescription drugs. You can purchase a Prescription Drug Plan (PDP) on its own or you can purchase a Medicare Advantage plan that includes prescription drug coverage (MAPD).
Lakeview Benefits LLC does not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.