A state program that is financed at both the state and federal level that provides medical and long-term care benefits for low-income people. The “Medicaid” term may vary in various states.
More Common Terms
- Parkinson's Disease The degeneration or damage of nerve cells located at the top of the brain stem. Slight tremors of a hand, arm or leg are common and extreme muscle stiffness may occur where it becomes difficult to perform tasks such as buttoning clothes, walk or spe...
- Area Agency on Aging (AAA) A local agency that administers government funded programs for older adults.
- Reverse Mortgage A type of loan where an individual borrows against the value of their home and does not have to pay back the principal until the individual sells the home or leaves the home permanently.