What is the Difference between Medicare and Medicaid?
- While Medicare is a federal program primarily for people age 65 and over, Medicaid is a similar program meant to address the needs of the poor, pregnant woman, and children.
- Medicaid is a state-federal effort. There are different eligibility requirements in each state but all states have an income ceiling which recipients must be below.
- In some instances individuals may be “dual eligible” for Medicare and Medicaid.
- Medicare Advantage (Part C) Special Needs Plans are available to Medicare beneficiaries who are also covered by Medicaid. You get all of the coverage included in Medicare Parts A, B, and D.
Who can join a Medicare Advantage SNP?
What Do You Pay with a Special Needs Plan (SNP)?
You are also responsible for the copayments and deductibles that are part of the plan.
The enrollment period for Medicare Advantage SNP is the same as any other Medicare Advantage Plan. There are also Special Enrollment Periods for those that qualify.