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How does Medicaid differ from Medicare and why?

If Medicaid were strictly federally funded, do you think that cuts would still be a large issue? Why was Medicaid designed to be state funded and not Medicare?

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Job ID: 580136
Feedback: One must understand the difference between Medicare and Medicaid to fully answer this question.
Medicaid is an assistance program designed to provide coverage for economically-challenged persons. Although the program is operated by the federal government, the coverage benefits vary from state to state. Federal, state, and local tax dollars pay for medical expenses for Medicaid recipients. Conversely, Medicare is an insurance program that is funded by persons, who pay in to their independent insurance plans so that a 65 or older, disabled, and dialyses demographic may receive coverage. ...

Solution Summary

What is the difference between Medicare and Medicaid services and how does each program affect government spending?