Medicaid Funds (Noun)
Meaning
Public funds used to pay for Medicaid.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The state government allocated a significant portion of its budget to Medicaid funds to ensure that low-income residents had access to healthcare.
- The hospital relied heavily on Medicaid funds to cover the costs of treating patients who were uninsured or underinsured.
- The proposed budget cut would have drastically reduced Medicaid funds, leaving thousands of people without access to necessary medical care.
- The healthcare provider was reimbursed by Medicaid funds for the services it provided to patients who were enrolled in the program.
- The state's Medicaid funds were supplemented by federal matching funds, which helped to increase the overall amount of money available for healthcare services.