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Medicaid

Medicaid, created by Title XIX of the Social Security Act of 1965, is a program that provides health insurance coverage for qualifying low-income individuals and their families. The program is administered through a state-federal partnership, with states having the authority to establish standards for eligibility, coverage of benefits, and payment rates. Over the past two decades, eligibility for Medicaid programs has been expanded to a variety of populations within the United States as a result of amendments to the original statute.

Overview of Benefits

Medicaid is administered by the states and territories of the United States. Each of the state Medicaid programs is financed jointly by the state and the federal government through a system of matching rate expenditures, as well as an allocation of federal funds ...

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