Medicaid

(proper noun)

U.S. government system for providing medical assistance to persons unable to afford medical treatments.

Related Terms

Examples of Medicaid in the following topics:

  • Current Issues in Health Care

    • There are also social welfare programs such as Medicaid and Medicare.
    • Medicaid and Medicare: Overall, medicare has been reduced while medicaid has been expanded.
    • Medicaid has been expanded to 133% of the poverty level, covering more people.

  • Public Assistance

    • Examples include Medicaid .

  • Defining Health, Health Care, and Medical Care

    • At the moment, health care is largely privatized with the exception of medicaid and medicare, the former being for low income groups and the latter for retirees.
    • Now, either the insurance company, the government (medicaid and medicare), or the individual (if they are not covered or if their particular procedure is not covered) is the direct client of the hospitals, pharmacies, and doctor's offices.

  • Where a Dollar Spent on Health Care Goes: Introducing the Inputs to Health Care

    • ., this is only done for medicaid and medicare.
    • The U.S. employs medicaid and medicare to provide for low-income and elderly citizens that would otherwise be excluded from the market, while other countries have healthcare systems with more government intervention to address market failure.

  • Social Insurance

    • Medicare is an example of a social insurance program, while Medicaid is an example of a welfare one.

  • Externalities in the Health Care Market

    • Taxpayers should also be concerned with the state of the healthcare system not only because they pay for Medicare and Medicaid, but also because healthcare is a huge part of the US economy.

  • Government's Role in the Economy

    • The Medicaid program finances medical care for low-income families.
    • Many other assistance programs for individuals and families, including Medicare and Medicaid, were begun in the 1960s during President Lyndon Johnson's (1963-1969) "War on Poverty. " Although some of these programs encountered financial difficulties in the 1990s and various reforms were proposed, they continued to have strong support from both of the United States' major political parties.