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Medicare, Medicaid and Medigap: what is the difference?

Medicare by Senior Cheers Team -

These three names sound alike, but they are different.

Medicare is the federal health insurance for most people 65 and older and some younger people with disabilities. Medicaid is a program for people with low income, run by your state with federal help. Medigap is private insurance that helps pay costs Original Medicare does not cover.

Which ones you need depends on your situation. Free counselors through SHIP can help you understand your choices without selling you anything.

This article is general information, not medical, legal or financial advice. Please check important decisions with a professional.

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