National Medicare and Medicaid Statistics and Information

Medicare and Medicaid are important parts of the United States health insurance and health care system. Without them, millions of people would be left insured. That is why the national debate on health insurance is trying to address how to fix Medicare and Medicaid.

Medicaid consists of health care programs that both states and the federal government fund to provide health insurance to low-income individuals. According to the U.S. Census Bureau, 12.9% of call health care coverage was Medicaid-based.

Like Medicaid, Medicare also helps people who would find it difficult to obtain health insurance. Medicare is a federally funded health insurance program. It helps most people over the age of 65 and most disable people secure the health care services they need. According to the U.S. Census Bureau, some 13.6% of health care coverage in 2006 was Medicare-based.

2004 statistics also reveal the size of the Medicaid and Medicare systems. In that year, Medicare covered 42 million people and Medicaid covered 52 million for a total of 87 million people, though there was some overlap. Also in 2004, Medicare involved some $296 billion, and Medicaid involved some $305 billion, for a total of $602 million. These numbers are based off The Henry J. Kaiser Family Foundation statistics.

Contact Option 1 Health Insurance

Not everyone is covered by Medicare and Medicaid. That is why many people have to buy private policies. Finding the policy that meets your needs and is affordable is very important. For help finding a Texas health insurance policy or plan that meets your needs, contact Option 1 Health Insurance today.