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Medicaid

Insurance
A federal-state program providing health coverage to low-income individuals and families, with eligibility varying by state.

Example

Example: When shopping for coverage, understanding medicaid helps you avoid overpaying or being underinsured. For a family of four, the difference between plans that handle medicaid differently can mean $2,000-$5,000/year in out-of-pocket costs. Compare plans with our insurance comparison calculator.

Related Terms

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