/ Dictionary / Index M Medicaid: Meaning and Definition of Find definitions for: Med•i•caid Pronunciation: (med'i-kād"), [key] — n. a U.S. government program, financed by federal, state, and local funds, of hospitalization and medical insurance for persons of all ages within certain income limits. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. See also: medicaid (Thesaurus) medicable medical Related Content Daily Word Quiz: cautious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language