CHAPTER14

Medicaid: Medical Assistance for the Financially Challenged

In This Chapter

  • The differences between Medicaid and Medicare
  • Who qualifies for Medicaid?
  • Where to apply for benefits
  • How different states deal with Medicaid

Medicaid is a state and federally funded health-care program for people with limited income and resources. Along with Medicare, Medicaid was signed into law as an amendment to the Social Security Act on July 30, 1965, by President Lyndon B. Johnson.

Whereas Medicare covers full or partial hospitalization or medical coverage/assistance to Americans who are age 65 and over, Medicaid is a program for those who are financially ...

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