How does Medicare differ from Medicaid?

The choice that states Medicare is primarily for individuals aged 65 and older, while Medicaid assists low-income individuals, accurately reflects the fundamental differences between these two programs. Medicare is a federally funded health insurance program designed mainly to serve senior citizens, although it also covers certain younger individuals with disabilities or specific health conditions. This program aims to provide essential health coverage for those who are typically retired and may have limited income from work.

On the other hand, Medicaid is a state and federally funded program that provides health coverage to low-income individuals and families, which can include people of any age. This means that while the primary focus of Medicare is on older adults, Medicaid is more about financial need, covering children, pregnant women, and adults with disabilities or low income among others.

The other options do not accurately represent the primary distinctions between these two programs. For instance, the statements about age restriction, costs, and the scope of coverage do not clearly define how Medicare and Medicaid serve different populations and have different purposes within the healthcare system.