Medicare vs. Medicaid: What’s The Difference?

medicare vs medical

Just about everyone has heard of Medicare and Medicaid, however, not everyone fully understands just what they are, and the difference between the two. It is important to note that while the names might sound alike, they are completely different programs. While Medicaid is funded by social security tax contributions and is offered to those who meet certain income requirements, Medicare is available to most people who meet the age requirements, and is not based on income. Both programs are beneficial to millions of people in the United States, and…

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Medicare regulations may be causing shortage of cancer drugs

A month’s long shortage of cancer drugs may be the result of Medicare regulations. For several years, Medicare has provided coverage for cancer patients, allowing them to obtain treatments that they would otherwise have no access to. While Medicare offers this coverage, however, the number of cancer fighting drugs has been falling steadily. The phenomenon may be the result of a regulation within the Medicare system that dictates that doctors must purchase cancer drugs, not patients. Traditionally, patients have been responsible for purchasing their own medications as prescribed to them…

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