What Is the Difference Between Medicare and Medi-Cal?

Medicare and Medi-Cal are two government programs that have similar sounding names. In this post we will look at the differences between these two programs, and we will highlight the elder law implications. Medicare Medicare is a health insurance program that is available to people who have earned sufficient retirement credits. You earn retirement credits while you are working and paying taxes. The maximum accrual per year is four credits. In 2014, you earn one credit for every $1200 that you earn. Once you have accumulated 40 retirement credits, you will qualify for Medicare when you reach the age of eligibility. The age of eligibility is 65 years of age at the time of this writing. Because of the relatively modest earning requirements, the majority of seniors will qualify for Medicare. Medi-Cal Medi-Cal is also a government run health insurance program. It is a jointly administered federal/state program. In California it is called Medi-Cal, but it is called Medicaid throughout the r


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