How Does Medicare Work?

Most healthcare providers, whether licensed individuals or institutions, find that the majority of their income comes from the care and treatment of Medicare beneficiaries. Medicare is a federal healthcare program that covers approximately 43 million individuals who are over the age of 65, or who are under the age of 65 and are disabled. Because […]

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How Does Medicaid Work?

Medicaid is a health insurance program for low-income individuals that is jointly funded by the federal and state governments. Created by Title XIX of the Social Security Act, in 1965, the Medicaid program is different from Medicare. Medicare is entirely a federal program that does not involve state government. Medicaid, by contrast, is administered entirely […]

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