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Getting To Know Medicaid Benefits
Posted in: Medicare/Medicaid on November 8th, 2011

MedicaidWhen people think of social security benefits, they tend to also think of Medicaid and Medicare benefits. While both social security benefits and Medicaid/Medicare are provided by the government, they are very different. In addition to the type of benefits they offer, who qualifies to receive these benefits can also vary quite a bit.

Health Insurance vs. Cash

Medicaid and Medicare are health insurance programs that provides medical coverage to those with limited income or resources. Doctor visits, prescriptions, medical testing and some dental or vision treatments may be covered under these program. The benefits offered by Medicaid/Medicare may cover people with disabilities, the elderly, pregnant women, children or families. To qualify for Medicaid or Medicare a person/family must meet certain income and resource restrictions, meaning these benefits are reserved for those in need.

The biggest difference between Medicaid/Medicare and social security benefits is that Medicaid does not provide cash benefits. It is a medical insurance program only that pays for medical expenses, but does not provide cash directly to the beneficiary. Social Security Disability Insurance and Supplemental Security Income are two social security benefit programs that provide cash to recipients. They each have their own qualification requirements, but both can provide cash to those in need.

 

 

 

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