Low Income Assistance

Medicaid
Jointly administered federal and state government health insurance program provided under Title XIX of the 1965 amendment of the Social Security Act. Medicaid provides health insurance assistance for individuals with low income and limited assets.
Supplemental Security Income (SSI)
Supplemental Security Income (SSI) is a federal program designed to provide financial aid to individuals with low income and minimal assets. It offers monthly payments to eligible recipients, including those who are elderly, blind, or disabled.

Accounting Terms Lexicon

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