Medicaid: Senior Medical Insurance for the Disadvantaged
In 2020, Medicaid's share of the total US healthcare spending amounted almost 17%.
This federal program provides medical insurance for low income seniors. It is often used in conjunction with Medicare. Medicaid helps those in need by providing coverage for certain medical services and prescriptions that Medicare may not. There is an application process you’ll need to go through, and you will need to meet certain income limitations in order to qualify. If you do qualify for Medicaid, it’s a good way to ensure that you have the quality senior citizen health insurance you need.