Medicare & Medicaid Programs
The words “Medicare” and “Medicaid” are so much alike that it’s easy to get them confused. Both are government programs and both help people pay for health care. But that’s where the similarities end.
Whereas Medicare beneficiaries typically qualify based on ageIndividuals age 65 and older qualify for Medicare. While individuals who have a disability for 24 months or longer may also qualify., Medicaid beneficiaries qualify based on income.
When individuals have both Medicare and Medicaid, it is often referred to have having dual enrollment.
Benefits of Having Both
Dual plans offer extra benefits at no extra cost.
Dual plans go beyond either Medicaid or Original Medicare alone. You’ll still keep the Medicaid benefits you get today. And better yet, with a dual plan, you could get many extra benefits and features than Original Medicare at no extra cost. These extra benefits may include:
- Dental care, plus credit for restorative work.
- Eye exams, plus credit for eyewear.
- Hearing exams, plus credit for hearing devices.
- Rides to health care visits and the pharmacy.
- Credits to buy hundreds of health-related products.
As an added bonus, people who are dual eligible can usually enroll for no monthly premium.
Being Dual eligible allows individuals additional election periods, other than the Initial Election Period (IEP), Annual Election Period (AEP), and the Open Enrollment Period (OEP).
These additional election periods come in the form of being able to enroll or disenroll once per calendar quarter, January through September.
|What You May Have Now||What You Could Have|
|Doctor and outpatient care||✓||✓|
|More choice of doctors||✓|
|More hospital choices||✓|
|Additional prescription drug coverage||✓|
It can be a good idea to review your Medicare Prescription Drug Plan coverage every year, to see if your plan covers the medications you need now and may need in the upcoming year.
Frequently Asked Questions
What's the difference between Medicaid and Medicare?
What does dual eligible mean?
Who can qualify for Medicaid?
How can I enroll in Medicaid?
What do I need to apply for Medicaid?
What doeWhen you apply for Medicaid, you’ll need to fill out an application form. Different states have different requirements for Medicaid. You’ll likely need to have various documents, such as:
- Information about household members (name, date of birth and Social Security number)
- Proof of citizenship
- Financial information
Rent or mortgage information
- Expenses (utilities, daycare, etc.)
- Vehicle information
- Bank statements
- Income (pay stubs)
- Proof of disability or medical records showing a lasting medical condition
- Recent medical bills