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Medicare is health insurance for persons over age 65, persons with end state renal disease and persons who receive Social Security disability payments. The individual must have 40 credits of "covered employment" (i.e., calendar quarters during which they paid into Medicare), or be the spouse or dependent of such individual. Medicare is funded by payroll taxes and administered by the Federal government.

Medicaid provides care for indigent citizens under age 18 and their parents, persons over age 65, and those permanently and totally disabled. Medicaid is supervised by the Federal government, administered by the States, and funded by State and Federal taxes. [N.b., as a result of health insurance reform, by 2014 Medicaid will be available to any indigent citizen, regardless of age or disability.]

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14y ago

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