The federal government operates the Medicare program, and the state government operates the Medicaid program. These programs are distinctly different; however, they both provide health care coverage. In some cases, an individual may qualify for both programs. It is possible for a person to be on Medicaid and Medicare.
Medicare eligibility is based on several factors. First, a person age 65 and their spouse can apply for Medicare benefits.
Medicare eligibility is based on work credits earned during employment. Anyone that has had FICA taxes taken out of their earnings have paid into the Medicare system. The minimum amount of credits for eligibility for Social Security benefits and Medicare benefits is 40 credits. If a person’s income is below a certain threshold, the person can be on Medicaid and Medicare.
Disabled persons under the age of 65 may also receive Medicare. If the person has received 40 credits during their employment, the person will be eligible for Medicare. There is a 24 month waiting period for people under 65. During the waiting period, the disabled person may qualify for Medicaid. Once the 24 months passes, the person can be on Medicaid and Medicare if they still meet certain income requirements.
Medicaid eligibility is based on income and household size. Those that have Medicare Part A can also receive Medicaid to help pay their Medicare premiums and deductibles. The person may not have more than $4,000 in the bank, in stocks, or in bonds. A couple may not have more than $6,000 in the bank, in bonds, or in stocks. If these conditions are met, the person or couple can be on Medicaid and Medicare.