Medicaid

[med-i-keyd]

noun

(sometimes lowercase)

1. a U.S. government program, financed by federal, state, and local funds, of hospitalization and medical insurance for persons of all ages within certain income limits.

Medicaid

/ ˈmɛdɪˌkeɪd /

noun

1. a health assistance programme financed by federal, state, and local taxes to help pay hospital and medical costs for persons of low income

Medicaid

1. A state and federally funded program that reimburses healthcare providers for care given to qualifying people who cannot pay for their medical expenses.

Word History and Origins

Origin of Medicaid¹

medic(al) + aid

Word History and Origins

Origin of Medicaid¹

C20: _medic ( _al ) + _aid

Example Sentences

Pfizer promised to lower prices immediately for Medicaid buyers, an easy concession since Medicaid prices are already low and the company has relatively little exposure to the Medicaid market.

Read more on Barron's

Yale University’s new research doesn’t quite say that Medicare and Medicaid are blowing billions of taxpayer dollars on expensive prescription drugs that are completely useless.

Read more on MarketWatch

The best projections estimate that over 10 million families stand to lose Medicaid benefits.

Read more on Salon

Democrats are responsible for the very existence of Medicare and Medicaid, and they have safeguarded the programs for decades of Republican attempts to take away people’s health insurance.

Read more on Salon

Pfizer said it would sell its drugs to Medicaid at the lowest price available to other developed nations, or what it calls the “most favored nation” price.

Read more on The Wall Street Journal

Related Words

• Medicare