Medicare vs Medicaid| What is the difference?

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Medicare vs Medicaid? Ever wonder the differences between the two? While both are government sponsored they are definitely not the same. Today I briefly go over the differences and how to qualify for both.
Resources mentioned in today's video:

For a FREE Medicare Plan Review to find out if you picked the right plan for 2020:
For more resources:

Link for Wade PFau's Book: Safety-First Retirement Planning: An Integrated Approach for a Worry-Free Retirement

To see what I am using to film please see the amazon links below:

This is the WebCam I use for Online meetings and Screen Recording:
  1. Matthew Ragudo - Retirement Planning Resources
  2. Medicare or Medicaid
  3. Do i get medicare or medicaid
  4. medicare vs medicaid
  5. health insurance
  6. health insurance 2020
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Комментарии
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Thanks for breaking down the differences between medicare and medicaid! I learned so much!

YesToTech
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great comparison Matthew! thanks for sharing this information

ortallevitan
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Still doesn't answer my question, if I already had medicaid, why do I need Medicare?

anacondaeunectes
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I had Medicare and I had to pay for part B evey month.
Then I applied and approved for Medicaid. Medicaid pays for my Medicare part B.

As I always think and understand (please correct me if I'm wrong) if you have Medicare, you have to pay part B and Medicare will pay 80% of your medical expensive.
If you also have Medicaid, Medicaid will pay Medicare part B for you and also pay the amount that Medicare doesn't pay.

Today, I called one of my local doctor's office and asked if they accept new patient.
The clerk asked what insurance I had. I said I have Medicare and Medicaid with UnitedHealthcare (as I enrolled in Medicare advantage).
The clerk said that they don't accept Medicaid. So, they don't accept me as new patient.
I asked again: _you don't accept Medicaid, but accept Medicare ?_
Clerk: _yes, that's right_
Me: _but I also have Medicare_
Clerk: _but unfortunately we don't accept Medicaid_

I'm so confused. Please explain. Thanks

CL-mpvn