This content is for general informational purposes and does not constitute medical, legal, or financial advice. Healthcare rules and costs change annually. Last reviewed: January 15, 2025. Always verify current details with your insurer, employer, or a licensed healthcare navigator.
Medicaid
A joint federal-state program providing health coverage to low-income individuals and families.
Full Definition
Medicaid is a government health insurance program funded jointly by federal and state governments. Eligibility is based on income and other factors, and rules vary by state. Under the ACA, states can expand Medicaid to adults with incomes up to 138% of the federal poverty level. Medicaid covers a broad range of services, often with very low or no out-of-pocket costs for enrollees.
Real-World Example
A single parent earning $22,000/year in an expansion state qualifies for Medicaid and receives comprehensive coverage — including doctor visits, hospital care, and prescriptions — with minimal cost-sharing.
Related Terms
People Also Ask
Top Providers
Companies that offer this plan type. Click any card to visit their official website.
Molina Healthcare
molinahealthcare.com
Specializes in Medicaid and ACA marketplace plans for low- to moderate-income individuals and families.
Wellcare
wellcare.com
Focuses on Medicare Advantage and Medicaid managed care plans across many states.
Centene Corporation
centene.com
Largest Medicaid managed care organization in the US, operating under brand names like Ambetter, WellCare, and others.
UnitedHealthcare Community Plan
uhccommunityplan.com
UnitedHealthcare's Medicaid managed care division, serving members in many states.
Plan availability varies by state and employer. Always verify current offerings directly with the provider.
Was this helpful?