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Question 5 of 5 in Medicare, Medicaid And Medigaps (medsupp)
What’s the difference?
Medicaid: Medicaid is the federal program which provides for the health care needs of certain low-income people.

Medicare: Medicare is the federal program which provides for the health care needs of the elderly, the blind and the disabled.

Medigap: Medigap (also known as medical supplemental insurance) refers an individual insurance policy which can be purchased to cover certain health care services and costs which are not provided by Medicare. Medigap insurance is becoming very important to people covered under the Medicare program since reduction in levels of benefits and curtailment in availability of services have become reality as a result of the need to control the costs of this program.