Medicare & Medicaid Company Description
The Centers for Medicare & Medicaid Services (CMS) was created in 1977 to administer the Medicare and Medicaid programs, which together provide health care coverage to millions of Americans. Medicare provides hospital, medical, and prescription coverage for people over age 65 and for people with certain disabilities; Medicaid provides health care for people with low incomes (as defined by the government). CMS also runs the Children's Health Insurance Program (CHIP), which in partnership with state legislations provides health care for children and pregnant women that don't qualify for Medicaid. CMS is part of the Department of Health and Human Services.
View the Comprehensive Company Description for Medicare & Medicaid
The Company Description provides a historical perspective of Medicare & Medicaid's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Medicare & Medicaid's evolution in the marketplace.
