This health insurance program looks after the needs of low income group families as it focuses upon people over 65 years of age, pregnant women, poor families and foster care families. It is funded by the state as well as the federal government.
Medical is actually Medi-Cal, or in other words a social insurance program initiated by the State of California. Medicare is not dependent upon the financial needs of a person and it is available for all people over the age of 65 provided they meet the criteria of eligibility.
There are several parts of Medicare such as Part A that deals with hospital insurance, Part B that provides for Medical insurance, Part C that deals with network plan and finally Part D that looks after the cost of prescription drugs. People who make contributions to Social Security are eligible for benefits under this program. Medicare is a social insurance program that is funded by the federal government. The two programs are different as will be clear after reading this article. It is possible to have the umbrella of Medical even while having the protection of Medicare. While most people know about Medicare as an insurance program funded by the federal government that takes care of hospitalization and medical services, not many are aware of a similar program called Medical. Medical care and assistance has become very costly in the last few years, necessitating having a financial cover, at least in the old age. If you are a senior citizen or have old parents to take care, it is advisable to have a medical insurance policy to remain prepared for the high expenses that are incurred during hospitalization and treatment of diseases.
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