Overview#Medicaid is a joint United States federal government provides matching funds to states to enable them to provide medical assistance to residents who meet certain eligibility requirements.
The Medicaid Drug Rebate Program and the Health Insurance Premium Payment Program (HIPP) were created by the Omnibus Budget Reconciliation Act of 1990 (OBRA-90). This act helped to add Section 1927 to the Social Security Act of 1935 which became effective on January 1, 1991. This program was formed due to the costs that Medicaid programs were paying for outpatient drugs at their discounted prices
More Information#There might be more information for this subject on one of the following:
- Centers for Medicare and Medicaid Services
- Childrens Health Insurance Program
- Federal Health Care Law