insurance

What is Medicaid?

 

What is Medicaid?

The Bankrate.com financial term of the day is: "Medicaid."

Medicaid is the U.S. health care safety net for the poor. The program, which is operated jointly by the federal government and the states, was established under a 1965 law and provides health insurance for millions of low-income Americans. Those eligible for Medicaid include families with kids, pregnant women, the blind and the disabled.

Medicaid is the government's health insurance that is a last resort for millions of America's most needy.

To get an insurance quote, visit the Insurance section at Bankrate.com.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
advertisement
advertisement

Blog

Tara Baukus Mello

GM earnings soar, and so might air-bag recalls

GM announces strong second-quarter earnings and says it may have to recall millions more cars for air bags.  ... Read more


Connect with us