In fact, there are many learners of English language who mistakenly used these words interchangeably as if they were synonyms. Despite overlapping, there are certain subtle differences between the two words that will be highlighted in this article.
But unlike Medicare, Medicaid can be used to pay for long term nursing home care in all states. Many states also allow their residents to use Medicaid to pay for assisted living communities or other alternatives to nursing homes such as in-home care.
Seniors and Medicaid. Since Medicare does not cover long-term nursing home care, many seniors depend on Medicaid. In fact, Medicaid picks up the tab for about 42 percent of aggregate nursing home costs. However, seniors must meet income and asset requirements, which vary by state.eniors and Medicaid. Since Medicare does not cover long-term nursing home care, many seniors depend on Medicaid. In fact, Medicaid picks up the tab for about 42 percent of aggregate nursing home costs. However, seniors must meet income and asset requirements, which vary by state.