Final answer:
The statement is false; Medicaid is primarily for low-income individuals and families, not just older adults. The coverage types A, B, D refer to Medicare, which is the healthcare program for people over 65 or with certain disabilities.
Step-by-step explanation:
False. The statement is incorrect. Medicaid is a joint federal-state health insurance program aimed primarily at low-income individuals and families, including specific groups like the elderly and people with disabilities. However, the three types of coverage (A, B, D) mentioned in the question are associated with Medicare, not Medicaid. Medicare is the program that provides health insurance to people over the age of 65, as well as to younger individuals who meet specific criteria related to disability or certain conditions.
Medicare coverage types are indeed denoted as Parts A (hospital insurance), B (medical insurance), and D (prescription drug coverage). In contrast, Medicaid eligibility and benefits can vary by state, but the program is designed to provide a comprehensive set of health benefits to those who qualify based on income and other factors. While Medicaid does serve a significant number of older adults, it is not specifically intended for that age group alone, as Medicare is.