Medicaid provides health coverage to millions of Americans, including eligible low-income adults, children, pregnant women, elderly adults and people with disabilities. Medicaid is administered by states, according to federal requirements. The program is funded jointly by states and the federal government.
Medicare is a federal health insurance program that pays for a variety of health care expenses. It’s administered by the Centers for Medicare Medicaid Services (CMS), a division of the U.S. Department of Health Human Services (HHS). Medicare beneficiaries are typically senior citizens aged 65 and older.