Both Medicare and Medicaid are great solutions for those who need proper healthcare insurance coverage but don’t have the ability to purchase a commercial insurance plan or get one from employers. Medicare hospital insurance part A can be acquired for free under certain situations. You just have to meet the Medicare eligibility requirements and qualify for the program. The requirements are easy to meet too. if you’ve been receiving Social Security benefits for at least two years, you can enroll in Medicare and get full health coverage for free.
Medicaid, on the other hand, is designed more specifically for those who are earning less than $32,252.50 a year. According to studies complied by Hofstra Law, Medicaid currently covers 67.4 million Americans, 43 million of which are children. The program is definitely making healthcare more accessible than ever.
To learn more about these two programs, be sure to check out the Medicare and Medicaid Eligibility Requirements infographic by Hofstra Law.
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