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Medicaid 101 – Program Overview

posted by AHIP

on August 28, 2019

Overview

Nearly 75 million low-income Americans depend on Medicaid for health care. Medicaid covers Americans at all stages of life, including low-income children and families, pregnant women, older adults, and people with disabilities. Introduced in 1965 as part of the Social Security Act, Medicaid is a federal and state partnership, jointly funded and administered by states within a federal framework. At a total cost of $592.2 billion in 2017, Medicaid is the largest payer of health care services in the country.1