Medicaid isn’t specifically for the elderly.
A big part of Zerocare in left-wing and RINO-run states was Medicaid expansion. The implication was eventual takeover of all private insurance by Medicaid, of course.
Most of the Medicaid load in my area is dual eligible seniors, some of whom spent down and/or stashed their cash.
This is not only to scare seniors...It’s to scare their heirs.