CHARLOTTE, N.C. — Major cuts could be coming to Medicare coverage as a new budget bill moves through Washington. But how is it different from Medicaid?
Let’s connect the dots.
President Donald Trump’s “One Big Beautiful Bill” comes with major health care cuts. The biggest cut is to Medicaid — with $1 trillion in funding slashed over the next decade.
That could leave nearly 12 million Americans uninsured by 2034.
Medicare is federal health insurance for people 65 and older. It also covers some younger adults with disabilities. Most people on Medicare pay premiums, copays, and deductibles.
It’s a joint state and federal program for low-income families, pregnant women, and people with disabilities. States run their own Medicaid programs, so benefits vary depending on where you live. Most patients under Medicaid don’t pay anything for covered care.