With a background in organizational strategy, Robert Stears has advocated for diverse corporate, nonprofit, and government entities. One particular area of knowledge for Robert Stears is health care for the elderly, and he understands various facets of a complex topic.

A federal program, Medicare provides health coverage for those 65 and older and those under 65 living with disabilities, regardless of income. On the other hand, Medicaid is aimed at low-income Americans at or below the poverty line and delivers low-cost or free coverage. Medicare, open to those of any income, is typically a few hundred dollars monthly.

Beyond that, there are major differences in the scope of coverage provided. Medicaid is broader, with a single plan covering treatment, hospitalization, and drug prescriptions. Unlike Medicare, it also covers long-term care associated with assisted living and nursing homes.

Medicare is broken down into four parts, which offer different coverage levels. Medicare Part A is available to all who contribute to Social Security and only covers hospital care. For a low monthly premium, participants can also enroll in Part B, which covers certain procedures and tests, and Part D, which offsets prescription costs. Because there is a late enrollment penalty, many do opt for this additional coverage. Part C (Medicare Advantage) groups Part A and Part B and may include dental, hearing, and prescription drug coverage.