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whats the difference between medicaid and medicare and rem?
whats the difference between medicaid and medicare and rem
I always forget as if i never learned this stuff in health class.
3 Answers
- LyricollLv 61 decade agoFavorite Answer
Medicare is for retired seniors, who have paid into the system their whole life by working.
Medicaid is a government program to temporarily financially help people with food, housing, medical.
- ?Lv 45 years ago
Medicare is a software to subsidize assurance plans for seniors and disabled people of each and every age. under Medicare, the participant pays a month-to-month top rate of $a hundred and ten and around 25% of the fees. you could complement that with a private assurance which selections up that 20% or use Medicaid to conceal the unpaid quantity. Medicaid is a state/federal plan to conceal very low earnings people who fall right into a undeniable class for scientific care. frequently carriers who settle for Medicaid are in clinics and county hospitals. To qualify you apart from might might desire to be under 21, over sixty 5, pregnant, disabled or have infants besides as being low earnings. those are time-honored rules. each and each county might have courses which artwork with State Medicaid to help conceal some people.
- ?Lv 71 decade ago
Medicare is government subsidy for private insurance offered to disabled and seniors over 65. The cost of Medicare is deducted every month from social security and for one person it is $96.40 and in addition, the patient pays around 20 percent of the cost unless you have either Medi-Gap insurance or Medicaid to pay that 20 per cent.
Medicaid is government subsidy for very low income people. To qualify you must be in a category as follows: pregnant, immigrant, under 21, over 65, disabled, blind, minor children. You cannot have more than $2K in assets or $3K for a couple. Your income must be about $600-$900 per month depending on state and programs.
Most doctors except in low cost clinics do not take Medicaid here in California due to low government reimbursement. The same applies to Medicare. Doctors have to take both Medicare and private insured patients.