Medicare is a federal insurance programme providing health coverage to US citizens aged 65 and older. Over 44.8 million – the equivalent of 15% of the US population – are enrolled on the programme, and this figure is projected to soar to 79 million by 2030. Medicare helps seniors improve their quality of life, effectively ensuring patients most at risk of suffering from a chronic condition have the necessary health insurance coverage. Similarly, Medicaid is a state-run, government funded programme aimed at low-income individuals and families under the age of 65.
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