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What Is Medicaid, and Why Does It Exist? Medicaid is a public health insurance program designed to help people with medicaid bill income get medical care. Think of it as the government stepping in to make sure folks who can't afford insurance still get access to a doctor, medication, or hospital stay. Created in 1965 as part of the same legislation that launched Medicare, Medicaid was meant to fill the healthcare gap for children, pregnant women, seniors, and people with disabilities. Over time, it’s grown into one of the largest health programs in the country. Who Qualifies for Medicaid? Eligibility for Medicaid varies slightly depending on your state, but generally, it covers: Low-income families Pregnant individuals People with disabilities Seniors ne...