Federal public assistance program to assist those with financial needs.

Federal public assistance program to assist those with financial needs.

• A. Medicaid
• B. Medicare
• C. Private Insurance
• D. Managed Care

Answer: (A)

Medicaid is the federal public assistance program designed to help people with limited financial resources obtain health coverage. It is means-tested, meaning eligibility depends on income and resources, and it is funded jointly by federal and state governments to serve low-income individuals and families, including pregnant people, children, people with disabilities, and the elderly who meet criteria. Medicare, by contrast, provides coverage primarily based on age (65 and older) or certain disabilities and isn’t based on current financial need, so it isn’t the program described here. Private Insurance isn’t a federal public assistance program; it’s typically obtained through employers or purchased individually and usually involves premiums rather than eligibility tied to financial need. Managed care refers to a type of health plan or delivery system, not a standalone public program.

Medicaid is the federal public assistance program designed to help people with limited financial resources obtain health coverage. It is means-tested, meaning eligibility depends on income and resources, and it is funded jointly by federal and state governments to serve low-income individuals and families, including pregnant people, children, people with disabilities, and the elderly who meet criteria. Medicare, by contrast, provides coverage primarily based on age (65 and older) or certain disabilities and isn’t based on current financial need, so it isn’t the program described here. Private Insurance isn’t a federal public assistance program; it’s typically obtained through employers or purchased individually and usually involves premiums rather than eligibility tied to financial need. Managed care refers to a type of health plan or delivery system, not a standalone public program.