Is medicare and medicaid government sponsored?

Well, it is tough to say the exact number. However Medicare and Medicaid are mandatory spending for the government. Medicare and Medicaid, last year, were a combined 26% of the U.S. federal Budget

Unless one anticipates becoming ineligible for Medicaid, there is no good reason for a person who has both Medicare A & B and Medicaid to keep a private insurance plan. However, if you choose to...

Medicaid is always the payor of last resort.

Eldery and youth

Medicare and Medicaid were started in the mid-60s under President Lyndon Johnson.