Explainer Podcast: Understanding Medicaid

Medicaid is the country’s largest public healthcare system. It made up 17% of the federal budget last year. The program subsidizes healthcare costs for people with low incomes, people with disabilities, and families with children. While Medicaid is mainly funded by the US government, states provide funding too. That means enrollment criteria and costs change from state to state and from year to year depending on state policy. So sometimes it gets a little confusing.