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Medicare vs. Medibank — What's the Difference?

Medicare vs. Medibank — What's the Difference?

Difference Between Medicare and Medibank

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Medicare

A program under the US Social Security Administration that reimburses hospitals and physicians for medical care provided to qualifying people over 65 years old.

Medibank

Medibank Private Limited, better known as simply Medibank, is one of the largest Australian private health insurance providers, covering 3.7 million people in 2021. Medibank initially started as an Australian Government not-for-profit insurer in 1976, before becoming for-profit in 2009 and privatised by the Abbott Government in 2014.

Medicare

(Canada) The Canadian public health insurance system.

Medicare

Health care for the aged; a federally administered system of health insurance available to persons aged 65 and over

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