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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The Medicare Information Solution: Part 2

This article is continued from Part 1. Retiree benefits are received by approximately one in every three Medicare beneficiaries, and are a form of supplemental coverage from the retirement health plan provided by their former employers. For these individuals, Medicare began quite simply. They would use both Parts A and B, and then would simply use the insurance from their former employers to cover the out-of-pocket costs such as prescription drugs. The majority of individuals who have this option available to them will take it. However, employers are offering this…

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New search tool for Medicare Part D for 2012 available through

The Medicare Part D prescription drug plan search tool – also known as the PDP Finder – is now launched through Q1 Medicare and this stand-alone feature is now available for use. This tool gives Medicare beneficiaries such as seniors a look at all of the different Medicare Part D plans available for 2012 for their areas quickly and easily. These plans are offered along with the primary details for all drug tiers of coverage, such as the monthly premiums, “Donut Hole” coverage, the initial deductibles, and cost sharing/co-payment information.…

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