Final answer:
The Children's Health Insurance Program (CHIP) is designed for children with disabilities and is not part of Medicare or Medicaid. It is a joint program funded by states and the federal government, providing basic healthcare coverage with variations across different states.
Step-by-step explanation:
The program designed for a child with a disability that is neither Medicare nor Medicaid is the Children's Health Insurance Program (CHIP). CHIP provides health coverage to eligible children, through both Medicaid and separate CHIP programs. It is administered by states, according to federal requirements. The program is funded jointly by states and the federal government. Congress created Medicaid and CHIP to cover low-income individuals, families with children, the elderly, and the disabled, ensuring participants receive a basic level of healthcare. States have the flexibility to administer their own Medicaid and CHIP programs, which leads to variations in coverage and eligibility requirements state by state.