Medicaid
Medicaid
Medicaid (pronounced /ˈmɛdɪkeɪd/) is a federal government-administered health insurance program in the United States that provides health coverage to people with low income, including some low-income adults, children, pregnant women, elderly adults, and people with disabilities. Medicaid is administered by states, according to federal requirements. The program is funded jointly by states and the federal government.
Etymology
The term "Medicaid" is a portmanteau of "medical" and "aid", reflecting its purpose as a program to provide medical assistance to those who cannot afford it.
Related Terms
- Medicare: A federal program that provides health coverage if you are 65 or older or have a severe disability, no matter your income.
- Children's Health Insurance Program (CHIP): A state and federal partnership that provides low-cost health coverage to children in families that earn too much money to qualify for Medicaid.
- Affordable Care Act (ACA): A comprehensive healthcare reform law enacted in March 2010, also known as "Obamacare".
- Health Maintenance Organization (HMO): A type of health insurance plan that usually limits coverage to care from doctors who work for or contract with the HMO.
- Preferred Provider Organization (PPO): A type of health plan that contracts with medical providers, such as hospitals and doctors, to create a network of participating providers.
See Also
- Healthcare in the United States
- Social Security (United States)
- Health insurance in the United States
External links
- Medical encyclopedia article on Medicaid
- Wikipedia's article - Medicaid
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