Pocket money 19729/16/2023 ![]() The Centers for Medicare and Medicaid Services (CMS) within the Department of Health and Human Services (HHS) is responsible for implementing Medicaid (Figure 1).įigure 1: Medicaid plays a central role in our health care system. Title XIX of the Social Security Act and a large body of federal regulations govern the program, defining federal Medicaid requirements and state options and authorities. Medicaid finances nearly a fifth of all personal health care spending in the U.S., providing significant financing for hospitals, community health centers, physicians, nursing homes, and jobs in the health care sector. Medicaid covers a broad array of health services and limits enrollee out-of-pocket costs. The vast majority of Medicaid enrollees lack access to other affordable health insurance. The program is the principal source of long-term care coverage for Americans. The Medicaid program covers 1 in 5 Americans, including many with complex and costly needs for care. Medicaid is the nation’s public health insurance program for people with low income. ![]() Medicaid is the nation’s public health insurance program for people with low income ![]()
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