Medicare is a national program that subsidizes healthcare services for anyone 65 or older, younger people with specific eligibility criteria, and people with certain diseases.
There are four different types of Medicare programs available to individuals. Basic Medicare coverage comes predominately via Parts A and B also called Original Medicare or through the Medicare Part C plan. Individuals may also opt to enroll in the Medicare Part D plan.
Medicaid-a federal / state partnership with shared authority and financing is a government-sponsored insurance program for low-income individuals.
The Children’s Health Insurance Program (CHIP) offers low costs health coverage for children from birth through age 18.