Medicaid

American  

[med-i-keyd] / ˈmɛd ɪˌkeɪd /

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.

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Medicaid British  

/ 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

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Medicaid Cultural  

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

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Etymology

Origin of Medicaid

medic(al) + aid

Example Sentences

The Center for Medicare & Medicaid Services said earlier this year that — in addition to California — Arizona, Nevada, Texas, Ohio and Georgia are being monitored following allegations of fraud and waste.

From Los Angeles Times

The Centers for Medicare and Medicaid Services triggered the selloff with news that it plans to increase payments to Advantage insurers by 0.09% next year.

From The Wall Street Journal

People enrolled in Social Security, Medicaid and Medicare are due to keep getting their checks and other benefits.

From MarketWatch

Several of the drugs with significant list-price cuts were part of the first batch of 10 drugs subject to price negotiations between manufacturers and the Centers for Medicare and Medicaid Services.

From The Wall Street Journal

In the fourth quarter, the company saw attrition in its Medicaid business, which led to a membership decline of about 1% to $45.2 million as of the end of the year.

From Barron's

Related Words

• Medicare