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What are Medicare and Medicaid?

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What are Medicare and Medicaid?

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Medicare is a health insurance program for people at least 65 years old, or people who are under age 65 but have certain disabilities. Medicare also insures anyone with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a kidney transplant). There are three parts of Medicare: Part A (hospital insurance), Bart B (medical insurance), and Prescription Drug Coverage. Medicaid is a health care program available only to certain low-income individuals and families who can’t afford to pay for medical care. Rather than sending money to you, the program generally sends payment directly to your health care providers. As Medicaid is a state-administered program, each state sets its own requirements concerning eligibility and services.

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