DIFFERENCE BETWEEN MEDICARE AND MEDICAID

Medicare can be obtained in 2 ways:  by reaching age 65 or by becoming disabled under Social Security's rules before age 65.  Medicare coverage begins 24 months after a claimant's disability pay begins.  This coverage comes automatically when with Social Security Disability Insurance (SSDI benefits), and is a federal government program.

Medicare has an annual premium or cost for Part B coverage. In 2023 this premium will be $164.90 per month.

Medicaid, on the other hand, is a state program which automatically comes with Supplemental Security Income or SSI.  There isn't a waiting period for Medicaid.  It can be effective as soon as you are approved for SSI benefits.  There is no premium for Medicaid.

These two important programs are intended to help pay costs for medical care and make it possible for the disabled and elderly to get good medical care.