Question

A state-run program that is jointly funded by states and the federal government for people who have limited income or high medical expenses where eligibility for the limited income cohort is based on the family income and size in relation to the national poverty level would be called which of the following?

a) Medicaid
b) Medicare
c) CHIP (Children's Health Insurance Program)
d) SCHIP (State Children's Health Insurance Program)

Answer 1

The program described is Medicaid, a state and federally funded program providing medical insurance to low-income individuals, with eligibility based on income in comparison to the poverty level.

Step-by-step explanation:

The state-run program you are referring to, which is jointly funded by states and the federal government for individuals who have limited income or high medical expenses, is called Medicaid. Established in 1965, Medicaid provides medical insurance to certain low-income people, including those near the poverty line as well as those below it. The aim is to support low-income families with children, the low-income elderly, and individuals with disabilities.

The eligibility for the limited income cohort is typically based on the family income in relation to the national poverty level. Medicaid is unique in that while the federal government helps fund the program, each state administers it independently, establishing its own eligibility criteria and levels of service, resulting in program variations across different states.