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Table of Contents Expand. Table tennessee insurance exchange Contents. What Is Medicaid. Understanding Medicaid. Special Conditions. Advantages of Medicaid. Health Insurance Definitions A - M. Trending Videos. Key Takeaways Medicaid is a joint federal and state program that provides health care coverage to low-income individuals. The federal government matches state spending on Medicaid while states are responsible for designing and health care gov plans the program Eligibility is determined based on one's income in comparison to the federal poverty level.

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