Understanding Health Insurance Lingo

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  • Subsidized Plans
  • Benefits
  • Medicaid
  • Medicare
  • Pre-Existing Conditions
  • Why You Need to Know These Terms
  • Co-pays
  • Deductibles
  • Co-insurance
  •  Premiums

Medicaid

Medicaid is a government-issued insurance for low-income and disabled Americans. Prior to the Affordable Care Act, you couldn’t qualify for Medicaid if you were not pregnant, not disabled Americans or didn’t have children. But that has changed with the new Medicaid expansion. Check here to see if your state has accepted the Medicaid expansion. 

(Photo: Joe Raedle/Getty Images)

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