Final answer:
The Medicaid program is funded through federal matching grants given to states, which is true. The program is jointly managed by state and federal governments and caters to various groups, with significant funding going to nursing home expenses for the elderly poor.
Step-by-step explanation:
The Medicaid program is indeed funded through federal matching grants given to states, making the statement A. True. Created in 1965, Medicaid is a joint health insurance program that involves both state and federal government cooperation. The federal government aids by providing funds, while individual states manage the program. This encompasses eligibility criteria, benefit levels, and program administration. Despite the basic level of benefits guaranteed, variations exist among states, as each determines its own specific Medicaid program parameters. This program's spending caters to diverse groups, particularly focusing on low-income families with children, the elderly, and the disabled, acknowledging that a substantial portion of the funding is allocated towards nursing home expenses for the financially disadvantaged elderly.