Medicaid is a public program administered at the state level, which provides medical assistance to the needy. Families with dependent children, the aged, blind, and disabled who are in financial need are eligible for Medicaid. The Children's Health Insurance Program (CHIP), formerly called the State Children’s Health Insurance Program (SCHIP), is a program administered at the state level that provides health care for low- and moderate-income children who do not qualify for Medicaid (in many states the income and age thresholds for ineligibility are higher for CHIP than for Medicaid).