A B C D E F G H I J L M N O P Q R S T U V W Y

Medicaid

Public health insurance program that provides coverage for low-income persons for acute and long-term care. It is financed jointly by state and federal funds (the federal government pays at least 50 percent of the total cost in each state) and is administered by...

Medicaid and CHIP Payment and Access Commission

Established by the Children’s Health Insurance Program Reauthorization Act of 2009 and later expanded and funded by the Affordable Care Act, it reviews state and federal Medicaid and CHIP access and payment policies and makes recommendations to Congress, HHS,...

Medicaid Drug Rebate Program

The Medicaid Drug Rebate Program is a program that includes the Centers for Medicare & Medicaid Services, state Medicaid agencies, and participating drug manufacturers that helps to offset the federal and state costs of most outpatient prescription drugs dispensed...

Medicaid waiver

Authority granted by the secretary of Health and Human Services to allow a state to continue receiving federal Medicaid matching funds even though it is no longer in compliance with certain requirements of the Medicaid statute. States can use waivers to implement home...

medical device tax

A 2.3 percent tax on the sale of certain medical devices imposed on the manufacturer or importer of the devices that went into effect January 2013 under the Affordable Care Act. The Consolidated Appropriations Act of 2016 suspends the tax from January 2016 to December...