Transcript: THE CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP)

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Overview: Proposed by President Clinton and passed as part of the historic, bipartisan Balanced Budget Act of 1997, the Children's Health Insurance Program (CHIP). CHIP is the largest single expansion of health insurance coverage for children in more than 30 years. Today, nearly 11 million American children -- one in seven -- are uninsured. To reach these children, many of whom come from working families with incomes too high to qualify for Medicaid but too low to afford private health insurance, this new initiative set aside $24 billion over five years for states to provide new health coverage for millions of children -- the largest children's health care investment ...

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