Childrens Health Insurance Program

Question 1

Children’s Health Insurance Program (CHIP)

Answer 1

provides health coverage to nearly eight million children in families with incomes too high to qualify for Medicaid, but can’t afford private coverage.

Question 2

CHIP signed into Law

Answer 2

1997-CHIP provides federal matching funds to states to provide this coverage.

Question 3

CHIP administered by who?

Answer 3

CHIP is administered by the states, but is jointly funded by the federal government & states.

Question 4

Federal Matching Rate

Answer 4

The federal matching rate for state CHIP programs is typically about 15 percentage points higher than the Medicaid matching rate for that state.
Every state administers its own CHIP program with broad guidance from CMS.