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Insurance Planning

What’s The Difference Between Medicare and Medicaid? | Intentional Money Matters with Harry Stout [Video]

What’s The Difference Between Medicare and Medicaid? | Intentional Money Matters with Harry Stout

What’s The Difference Between Medicare and Medicaid? | Intentional Money Matters with Harry Stout

I am joined by Harry Stout, author and host of FinanciaVerse Podcast, as we continue our Intentional Money Matters Series on the BetterWealth Show. Harry shares with us about health insurance, medicare and medicaid and how to be strategic about being covered.
What’s The Difference Between Medicare and Medicaid?
1. Although both are government-run health care programs, the similarities end there.
2. Medicaid is available if you have low income, while Medicare eligibility kicks in when you turn 65 or have a qualifying disability.
3. If you meet the income eligibility thresholds, Medicaid can be an essential resource for
covering health care expenses that Medicare does not. But not everyone can qualify for
Medicaid, so you should enroll in Medicare when you reach retirement age.
4. Both programs are designed to offset the costs of healthcare services. Medicaid offers
additional coverages that Medicare does not. If you’re “dual-eligible,” based on your
income status, you can qualify for Medicaid and Medicare and get coverage from both.
Is Medicare the Same Thing as Medicaid?
1. Although they sound similar, Medicare and Medicaid aren’t the same. The only similarity
is that both government programs help cover health care costs for Americans.
2. Medicaid doesn’t have an age requirement, so adults of all ages and dependent children
can enroll. In 2021, there were 75.4 million people covered with Medicaid. Medicaid
plans are administered by the states but funded jointly by the state and federal
government.
3. Medicare is a federal program managed by the United States Centers for Medicare and
Medicaid Services (CMS). The U.S. Social Security Administration (SSA) handles
Medicare enrollment and premium payments. It has an age requirement (65) unless
you’ve been on disability for 24 months or have specific medical conditions.

Be sure to check out Harry’s podcast or buy a book:

The FinanciaVerse Podcast – https://www.financialverse.com/fvpodcast
FinancialVerse.com https://www.financialverse.com/

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Insurance Planning

What is the PRICE on Your LIFE? | Whole Life Insurance, Assets, Metaverse & Financial Education 2022 [Video]

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Insurance Planning

Indexed Universal Life Insurance vs Whole Life Insurance | IUL vs Whole Life [Video]

In today's episode, we discuss: Indexed Universal Life Insurance vs Whole Life Insurance | IUL vs Whole Life-------------------------------------------Schedule a free 20 minute phone consultation here: https://calendly.com/cashflowpro/If you would like to pay me for 30 minutes of consultation, get on my calendar here: https://calendly.com/cashflowpro/30minconsultContact us through our website https://www.oregoncashflowpro.com if you would like to discuss your specific insurance needs. We are contracted with about a couple dozen insurance companies and can find you the best products and rates for your situation.----------------------------------------------------------Help to support this channel and get access to our private Discord Server:Join this channel as a YouTube member: https://bit.ly/3qYVfr2Become a Patreon: https://www.patreon.com/OregonCashFlowPro-----------------------------------------------------Get the books to help guide your financial journey:Becoming Your Own Banker by Nelson Nashhttps://amzn.to/30Y3Gs0The Retirement Miracle by Patrick Kellyhttps://amzn.to/3tGd2Fe-------------------------------------------Need affordable legal services? Check out Legal Shield.Protection for your family, your business & your personal identity.Smart, Simple coverage starts here:https://jbarber.wearelegalshield.com/#lifeinsurance#wholelife#iulView the transcript of this video here:(coming soon)

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Insurance Planning

Mobile Fingerprinting Business [Video]

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