Medicaid is a means-tested entitlement program that has been in existence for over 35 years. It provides primary and acute care as well as long-term care to over 40 million Americans at a cost to federal and state governments of approximately $258.2 billion in FY2002. Of all federally supported social programs, only Medicare comes close to this level of spending, and only Social Security costs more.
Medicaid is a means-tested entitlement program that has been in existence for over 35 years. It provides primary and acute care as well as long-term care to over 50 million Americans at a cost to federal and state governments of approximately $276.1 billion in FY2003. Of all federally supported social programs, only Medicare comes close to this level of spending, and only Social Security costs more.
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