Final answer:
Medicaid is a joint health insurance program between the states and the federal government that provides medical insurance for certain low-income people. It pays for nursing home care and offers basic level of benefits. Eligibility requirements and service levels vary by state.
Step-by-step explanation:
Medicaid is a joint health insurance program between the states and the federal government. It provides medical insurance for certain low-income people, including those below the poverty line, with a focus on families with children, the elderly, and the disabled. Medicaid pays approximately two-thirds of the costs of nursing home care in the country. The program ensures that participants receive a basic level of benefits, but eligibility requirements and service levels vary from state to state.