Medicaid

Medicaid is the United States health program for eligible individuals and families with low incomes and resources. It is a means tested program that is jointly funded by the state and federal governments, and is managed by the states.[1] Among the groups of people served by Medicaid are certain eligible U.S. citizens and resident aliens, including low-income adults and their children, and people with certain disabilities. Poverty alone does not necessarily qualify an individual for Medicaid. Medicaid is the largest source of funding for medical and health-related services for people with limited income in the United States. Because of the aging World War II/Korean War generation, the fastest growing aspect of Medicaid is nursing home coverage. As the Baby Boomer generation begins to reach nursing home age in 2020 to 2040, the nursing home aspect of Medicaid will boom, causing concerns for federal and state budgets.Medicaid is the United States health program for eligible individuals and families with low incomes and resources. It is a means tested program that is jointly funded by the state and federal governments, and is managed by the states.[1] Among the groups of people served by Medicaid are certain eligible U.S. citizens and resident aliens, including low-income adults and their children, and people with certain disabilities. Poverty alone does not necessarily qualify an individual for Medicaid. Medicaid is the largest source of funding for medical and health-related services for people with limited income in the United States. Because of the aging World War II/Korean War generation, the fastest growing aspect of Medicaid is nursing home coverage. As the Baby Boomer generation begins to reach nursing home age in 2020 to 2040, the nursing home aspect of Medicaid will boom, causing concerns for federal and state budgets.

Posted by HFN Editor on Monday, December 20th, 2010. Filed under Medicaid. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry