What is Medicaid v. Medicare?
- Medicare falls under the Entitlement Programs category, while Medicaid falls under the Need Based Programs category
- You will be entitled to Medicare when you reach the age 65. Medicaid requires an income and asset limit, as well as a need for custodial type care.
- Medicare will pay for most care if it is considered skilled care, but once the patient has plateaued and is diagnosed as not needing any more skilled care, the Medicare coverage ceases. Medicaid will cover custodial type care.
