Medicaid Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Medicaid, written in plain English, along with examples of how it is used.
What is Medicaid?
State government run federal program that provides health care for individuals with low-income.
History and Meaning of Medicaid
Medicaid is a government-funded health insurance program available to individuals and families with low income. It was created in 1965 as part of President Lyndon B. Johnson's social program to provide healthcare to low-income individuals and families. Medicaid is funded jointly by federal and state governments, with states playing a significant role in operating the program.
Examples of Medicaid
- A low-income family living in California may qualify for Medicaid, which would allow them to receive healthcare coverage without incurring significant financial costs.
- An individual who recently lost their job and has little to no income may be eligible for Medicaid, which would provide them with healthcare coverage during their unemployment.
- A pregnant woman with low income may qualify for Medicaid, which would cover prenatal care and delivery expenses.
Legal Terms Similar to Medicaid
- Medicare: A federal program that provides health insurance to people aged 65 and over and certain younger people with disabilities.
- Supplemental Security Income (SSI): A federal program providing cash assistance to individuals with low income who are aged, blind, or have disabilities.
- Children's Health Insurance Program (CHIP): A government-funded program that provides healthcare coverage for children in low-income families who do not qualify for Medicaid.