The Medicare Plan is divided into Part A, which covers hospital expenses, and Part B, which covers all other medical expenses. Generally, most Americans over the age of 65 qualify for Part A, and they don’t have to pay a premium. Medicare Plan Part B does require a premium, however. Some people under age 65 may still qualify for Medicare if they have certain disabilities, and anyone of any age who has end-stage renal disease qualifies. To find out if you or your loved one qualifies for the Medicare Plan you can visit the Medicare website.
The Medicare Plan will typically pay for skilled medical care that is provided by a nursing community or home health care agency that offers services such as nursing, wound care, and physical therapy. More than likely, however, the Medicare Plan will not pay for long-term custodial care, or assistance with Activities of Daily Living (ADLs), which include personal care services such as bathing, dressing, and grooming.
Medicaid helps cover the cost of health care for low-income individuals who meet certain eligibility requirements. It is administered by state governments, but receives both federal and state funding. Medicaid will cover some or all of the cost of long-term care, as well as general medical care. The long-term care services covered usually include senior care provided in communities or at home, such as custodial care, assistance with Activities of Daily Living (ADLs), and companionship.