Medicaid is a joint federal and state program that helps with medical costs for some people with limited income and resources. Established in 1965 under the Social Security Act, Medicaid aims to assist low-income families, qualified pregnant women and children, the elderly, and people with disabilities. It covers a comprehensive set of services, including inpatient and outpatient hospital services, physician services, laboratory and x-ray services, and home health services, among others. The program is administered by states, according to federal requirements. Funding for Medicaid comes from state and federal governments. Unlike Medicare, it is not solely federally funded or managed. While the federal government sets basic guidelines, states have the flexibility to determine what services to cover and set eligibility standards. As a result, benefits and requirements can vary widely across different states.