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Medicaid
[med-i-keyd]
noun
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
a health assistance programme financed by federal, state, and local taxes to help pay hospital and medical costs for persons of low income
Medicaid
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
Example Sentences
Buying your brother’s home is probably not a good idea if your sister is concerned about taxes, or if he is worried about Medicaid.
Just look at the 6.5 million older adults caught in the “middle market,” unable to afford long-term care but ineligible for Medicaid.
Then came the letter from the federal Centers for Medicare & Medicaid Services.
The cuts followed negotiations between the Centers for Medicare & Medicaid Services and drugmakers.
Block cited a “large positive reimbursement revision” the company received Friday evening, when the Centers for Medicare & Medicaid Services issued its annual update.
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