Medicare vs Medicaid: What Is the Difference? (2026)

Medicare is for seniors (65+); Medicaid is for low-income individuals. Medicare is federal and age-based; Medicaid is state-run and income-based. Some people qualify for both.

Medicare vs. Medicaid Quick Comparison

Feature Medicare Medicaid
Eligibility basis Age (65+) or disability Income level
Administration Federal (CMS) State governments
Premium Yes ($174.70+/month) Usually $0
Income limits None Yes (varies by state)
Asset limits None Yes (varies by state)
Coverage Standardized nationwide Varies by state
Enrollment Automatic at 65 Apply through state

Who Qualifies for Medicare?

Medicare eligibility is based on age and work history:

Category Eligibility
65+ with 40 work credits Automatic enrollment
Under 65 with disability After 24 months on SSDI
Any age with ESRD End-stage renal disease
Any age with ALS Lou Gehrig’s disease

Work credits: Approximately 10 years of work (paying Medicare taxes).

Who Qualifies for Medicaid?

Medicaid eligibility varies by state but generally includes:

Category Federal Minimum
Adults (expansion states) Up to 138% FPL (~$20,800 single)
Pregnant women Up to 138-200% FPL
Children Up to 200-300% FPL
Elderly/disabled SSI recipients
Medically needy High medical expenses

FPL = Federal Poverty Level. Many states set higher limits.

Medicare Parts Explained

Part Coverage Premium (2026)
Part A Hospital, skilled nursing $0 (if worked 10+ years)
Part B Doctors, outpatient care $174.70/month
Part C Medicare Advantage (private) Varies ($0+)
Part D Prescription drugs Varies (~$35/month)

What Medicare Covers

Part A (Hospital) Part B (Medical)
Inpatient hospital Doctor visits
Skilled nursing (limited) Outpatient surgery
Hospice care Lab tests
Home health care Preventive services

What Medicare Does NOT Cover

  • Long-term care
  • Most dental
  • Most vision
  • Hearing aids
  • Overseas care

Medicaid Coverage

Medicaid coverage varies by state but typically includes:

Service Usually Covered
Doctor visits
Hospital stays
Prescription drugs
Lab tests
Nursing home care
Long-term care
Dental Varies
Vision Varies
Mental health

Medicaid often covers more than Medicare (including long-term care).

Cost Comparison

Medicare Costs (2026)

Cost Type Typical Amount
Part A premium $0 (most people)
Part B premium $174.70/month
Part D premium ~$35/month
Part A deductible $1,676/hospital stay
Part B deductible $257/year
Part B coinsurance 20% of costs

Many people buy Medigap to cover gaps.

Medicaid Costs (2026)

Cost Type Typical Amount
Premium $0
Copays $0-$4 typically
Deductible Usually $0
Out-of-pocket max Minimal

Medicaid has very low cost-sharing for enrollees.

Medicare Enrollment Periods

Period When Purpose
Initial Enrollment 7-month window around 65th birthday First sign-up
General Enrollment Jan 1 - Mar 31 Missed initial period
Open Enrollment Oct 15 - Dec 7 Change plans
Special Enrollment After qualifying event Job loss, move, etc.

Late enrollment = permanent premium penalties.

Medicaid Application

How to apply for Medicaid:

  1. Apply through your state Medicaid agency
  2. Or apply through Healthcare.gov marketplace
  3. Provide income/asset documentation
  4. Decision typically within 45 days
  5. Coverage may be retroactive 3 months

Dual Eligibility: Medicare + Medicaid

If you qualify for both:

Benefit What Happens
Primary insurance Medicare pays first
Cost-sharing Medicaid covers premiums, copays
Extra coverage Medicaid fills Medicare gaps
Long-term care Medicaid covers (Medicare doesn’t)
Programs QMB, SLMB, QI help with costs

About 12 million Americans are “dual eligible.”

Medicare Savings Programs

If you have Medicare but limited income:

Program Income Limit What It Covers
QMB 100% FPL Part B premium + deductibles
SLMB 120% FPL Part B premium
QI 135% FPL Part B premium
LIS (Extra Help) 150% FPL Part D costs

Long-Term Care Coverage

Type of Care Medicare Medicaid
Skilled nursing (short-term) 100 days max Yes
Nursing home (long-term) No Yes
Home health care Limited Yes
Assisted living No Some states

Key difference: Medicaid covers long-term nursing home care; Medicare does not.

Medicaid Expansion by State

As of 2026, 40 states have expanded Medicaid:

Status States
Expanded CA, NY, FL, TX, IL, PA, OH, GA*, NC*, and 31 others
Not expanded WI, WY, KS, and ~7 others

*Recent expansions. Check your state’s current status.

In non-expansion states, childless adults often can’t qualify regardless of income.

Medicare vs. Medicaid for Seniors

Scenario Best Option
65+, middle/high income Medicare only
65+, low income Both (dual eligible)
65+, need nursing home Need Medicaid (spend down)
65+, under 138% FPL Dual eligible

Many seniors must “spend down” assets to qualify for Medicaid long-term care.

Common Confusion Points

Misconception Reality
Medicare is free Part B costs $175+/month
Medicaid is only for the unemployed Working low-income qualify
Medicare covers nursing homes Only 100 days post-hospitalization
Can’t have both Dual eligibility is common
Medicaid is the same everywhere Benefits vary by state

Bottom Line

Program Who It’s For Key Feature
Medicare 65+ or disabled Age-based, federal
Medicaid Low-income Income-based, state-run
Both Low-income seniors Maximum coverage

If you’re 65+ and low-income: Apply for both. Medicaid can cover Medicare premiums and copays, plus long-term care that Medicare doesn’t cover.

If you’re under 65 and low-income: Apply for Medicaid through your state or Healthcare.gov.

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