What I learned is that both are financed some way through the government paid via taxes and although they sound very similar that both have different benefits and eligibility requirements. From my understanding Medicare is a program for long term coverage for the elderly and Medicaid is supposed to benefit those with lower incomes. I noticed Medicare is done through social security and it has parts A-C and the newly added D in 2003. Medicare is also offered to everyone when they reach eligibility, while Medicaid is not.
According to the videos, Medicare A covers hospitalization, B is medical insurance, C is purchasing private insurance through Medicare which sounds better out of the four because with this policy they