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Medicaid Insurance

What is Medicaid and How Does it Work?

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Medicaid, a social insurance program to relieve the financial burdens of illness, was part of President’s Lyndon Johnson’s “Great Society” policy. Started in 1965, he envisioned a way to respond to the needs of elderly and low-income Americans who needed health insurance. According to the Medicaid government website:  “Medicaid is a joint federal and state…

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