State Medicaid Program

AAA

DEFINITION of 'State Medicaid Program'

Health initiatives managed by state governments in conjunction with the federal Medicaid program that help qualified low-income individuals and families pay for the costs associated with healthcare. State Medicaid programs use federal funding along with their own state funding to provide needed health services for eligible individuals, where eligibility is based on numerous factors, including income, assets, age, disability and citizenship.

INVESTOPEDIA EXPLAINS 'State Medicaid Program'

Medicaid is a voluntary program in which states can participate. State programs vary, with some states renaming their Medicaid programs, such as California's "Medi-Cal" and Tennessee's "TennCare". Additionally, some states have also sought out the services of private health providers to administer portions of their state Medicad, usually referred to as Medicaid managed care.

RELATED TERMS
  1. Social Security

    A United States federal program of social insurance and benefits ...
  2. Medicare

    A U.S. federal health program that subsidizes people who meet ...
  3. Pension Plan

    A type of retirement plan, usually tax exempt, wherein an employer ...
  4. Social Security Administration ...

    A U.S. government agency created in 1935 by President Franklin ...
  5. Medicare Wages

    An employee's earnings that are subject to a U.S. payroll tax ...
  6. Legislative Risk

    The risk that legislation by the government could significantly ...
RELATED FAQS
  1. What debt/equity ratio is typical for companies in the insurance sector?

    The debt-to-equity ratio is calculated by dividing total liabilities by total equity, and it is used to measure leverage. ... Read Full Answer >>
  2. How does the risk of investing in the insurance sector compare to the broader market?

    Due to economic, demographic and interest rate trends, there is less risk when investing in the insurance sector compared ... Read Full Answer >>
  3. What is the main business model for insurance companies?

    Insurance companies base their business models around assuming and diversifying risk. The essential insurance model involves ... Read Full Answer >>
  4. What is Substantial Gainful Activity (SGA) and why is it important?

    Substantial gainful activity (SGA) is what the Social Security Administration (SSA) measures to determine work, income and ... Read Full Answer >>
  5. How does the insurance sector work?

    The insurance sector is composed of companies that offer risk management in the form of insurance contracts. One party, the ... Read Full Answer >>
  6. What is the long-term outlook of the insurance sector?

    The insurance sector was hit hard during the financial crisis of 2007-2008, particularly among property-casualty and life-annuity ... Read Full Answer >>
Related Articles
  1. Insurance

    Buying Private Health Insurance

    Getting your own policy isn't easy or cheap but in some cases, it's well worth the effort.
  2. Options & Futures

    What's The Difference Between Medicare And Medicaid?

    One program is for the poor; the other is for the elderly. Learn which is which.
  3. Insurance

    Medicaid Vs. Long-Term Care Insurance

    These are not equal. Here's why you need to think twice before relying on the government-sponsored program.
  4. Retirement

    Failing Health Could Drain Your Retirement Savings

    You may not be able to prevent illness, but it doesn't have to infect your savings.
  5. Professionals

    Obamacare: Can it Be Repealed?

    Attempting to repeal Obamacare is a yearly ritual for House Republicans, but trying again in 2016 or beyond could create more problems than it solves.
  6. Insurance

    Understanding Activities of Daily Living

    There are six basic ADLs: eating, bathing, dressing, toileting, transferring (walking) and continence.
  7. Retirement

    10 Retirement Savings Myths That Won’t Go Away

    If you’re confused about the different retirement investment vehicles or don’t know how to save for retirement, it’s important that you do your research.
  8. Retirement

    The Purpose Of Having A Social Security Number

    When (and why) it is necessary to use the nine-digit number the United States government issues to individuals and when you should avoid it.
  9. Retirement

    Steps To Replace Or Update Your Social Security ID

    Investopedia's step-by-step guide to filling out the form that gets you a new or replacement Social Security card.
  10. Retirement

    The Purpose Of Social Security Form SS-5

    If you need a new Social Security card, you need to fill out form SS-5. Despite the details, the process is more time-consuming than difficult.

You May Also Like

Hot Definitions
  1. Butterfly Spread

    A neutral option strategy combining bull and bear spreads. Butterfly spreads use four option contracts with the same expiration ...
  2. Unlevered Beta

    A type of metric that compares the risk of an unlevered company to the risk of the market. The unlevered beta is the beta ...
  3. Moving Average - MA

    A widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random ...
  4. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  5. Productivity

    An economic measure of output per unit of input. Inputs include labor and capital, while output is typically measured in ...
  6. Variance

    The spread between numbers in a data set, measuring Variance is calculated by taking the differences between each number ...
Trading Center