The Difference Between Medicare and Medicaid
Medicare provides health benefits for individuals who are age 65 or older and younger people who have been diagnosed with a qualifying disability. Medicare is a federal program that is administered at the national level. Medicaid, on the other hand, is a state level program that provides health care benefits to low income individuals. While Medicare’s rules are consistent across the country, Medicaid’s rules vary from state to state.
Qualifying For Medicare and Medicaid
If you weren’t aware, it is possible to qualify for both Medicare and Medicaid at the same time. If you do qualify for both programs, you are classified as someone who is “dual eligible”. Dual eligibility can provide you with unique health care coverage options, such as Dual Special Needs Plans.
Medicare Advantage Coverage
D-SNPs are not a part of Original Medicare. They are Medicare Advantage plans offered by private insurers who have contracted with Social Security to provide you with your Part A and Part B Medicare benefits. Unlike Original Medicare plans, Medicare Advantage plans can offer a wide array of useful coverage options that vary across providers.
A D-SNP can offer dual eligible individuals access to extra benefits and features that would not be available through Original Medicare or Medicaid alone. For example, many D-SNPs offer beneficiaries access to dental, hearing, and vision coverage. You may also be able to gain access to covered rides to the doctor’s office or pharmacy. In some cases, D-SNPs can even be purchased with no monthly premiums. This makes D-SNPs an affordable option for low income seniors.