Medicare and Medicaid – so what’s the difference between the two? It’s important to know the differences between the two and what is covered in each. Mila Araujo wrote a great article for thebalance.com that explains the difference. The key difference between Medicare and Medicaid is that one is primarily age-based, and the other is income based benefiting people with limited financial resources, regardless of age. To learn more, visit thebalance.com.