Final answer:
Medicare and Medicaid are federally funded health programs, with Medicare serving those over sixty-five and with disabilities and Medicaid offering coverage for low-income individuals and families.
Step-by-step explanation:
The federally funded health programs are Medicare and Medicaid. Medicare primarily offers insurance to people over the age of sixty-five, as well as those who meet certain disability standards. On the other hand, Medicaid is a joint federal and state program, which provides healthcare coverage for individuals with very low incomes, including low-income families with children, the elderly, and people with disabilities.