Answer: Medicaid is a government-funded healthcare program in the United States that provides medical assistance to low-income individuals and families. It was established in 1965 as part of the Social Security Act and is jointly funded by the federal and state governments. Medicaid covers a range of medical services, including doctor visits, hospital stays, prescription drugs, and long-term care. Eligibility for Medicaid is based on income and other factors such as disability and age. While Medicaid has been successful in providing healthcare coverage to millions of Americans, it faces challenges such as rising costs and the need to improve access to care in certain areas. Despite these challenges, Medicaid remains a critical safety net for many vulnerable populations, including children, pregnant women, and the elderly.
Step-by-step explanation: