The Medicare & Medicaid 101 Hub

Medicare and Medicaid serve different purposes but sometimes work together for those who qualify for both.

• Medicare is a federal program primarily for people 65+ and those with disabilities. It provides health insurance coverage but does not typically cover long-term care in nursing homes.
• Medicaid is a state and federal program for low-income individuals that covers more services, including long-term nursing home care.
• Medicare has multiple parts (A, B, C, and D), each covering different healthcare needs.
• Medicaid eligibility varies by state. Income and asset limits determine qualification, which is important for estate planning.
• Many people use Medicaid for long-term care planning. Medicaid planning strategies can help protect assets while ensuring eligibility for benefits.
• You may qualify for both programs. If you are low-income and 65+ or disabled, you may receive both Medicare and Medicaid benefits (dual eligibility).

Need professional assistance? Use our directories to find trusted service providers near you who specialize in estate planning, end-of-life organization, and related services.

Healthcare costs can be overwhelming, especially when planning for aging or long-term care. Knowing what Medicare and Medicaid cover can help you prepare for medical expenses and protect your estate.