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.
Medicare- No coverage for custodial care. Medicaid- Will cover nursing homes but not 24 hr custodial home care. Private Long-term care insurance- People who most need it cannot afford it or are rejected due to chronic disease, policies have high deductibles, may not cover the services a person needs.