What is Medicaid?

Answer:
Medicaid is the name of the government program

that offers medical coverage for individuals and families that have low incomes. Not to be confused with Medicare, which is a medical coverage program for individuals that are over 65 and retired.

Medicaid started in 1965 as a part of the Social Security Act and Medicaid programs are run by individual states.

Entry into Medicaid is based solely on income, and it is funded partially by the federal government and by states and counties. If you have a low income and are retired, you may qualify for both Medicaid and Medicare. This may be valuable, as Medicaid covers more services than basic Medicare.


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