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Medicaid

A joint federal and state program that helps cover healthcare costs for low-income individuals, families, pregnant women, elderly adults, and people with disabilities.

CHIP (Children's Health Insurance Program)

A federal-state program that provides low-cost health coverage to children in families who earn too much money to qualify for Medicaid but cannot afford private insurance.

Continuous Enrollment

A policy that allows individuals to remain enrolled in a health insurance program, like Medicaid or CHIP, for a set period (e.g., 12 months) without needing to re-verify eligibility, even if their income or other circumstances change during that time.

Social Security Act

The foundational federal law that established many social welfare programs in the United States, including Social Security, Medicare, and Medicaid.

Fiscal Quarter

A three-month period used for financial reporting by governments and businesses. The federal government's fiscal year begins on October 1st, so its first fiscal quarter is October-December.