by Lauren Mandel
In the health insurance world, it seems there’s endless terminology to describe consumer coverage options: Obamacare, individual plans, group plans, employer-sponsored coverage, Medicare, Medicaid, and more. But it’s the last two that can lead to a different level of confusion: What is the difference between Medicare and Medicaid?
While they might appear to be similar, Medicare and Medicaid are two vastly different health insurance options for different groups of consumers. The below chart highlights just a few of the differences, and you can read more about Medicare basics here.
Medicare has neither reviewed nor endorsed this information.