Question

The health insurance program which is administered by each state and funded by both the federal and state governments is called

A) Long-term care
B) Medicaid
C) Medicare Supplemental Program
D) Medicare

Answer 1

Medicaid is the health insurance program administered by states and funded by both federal and state governments, offering aid to low-income individuals and families. It varies by state, which defines its own eligibility criteria and benefits levels. Medicare is a separate program focusing primarily on people over 65 and individuals with certain disabilities.

Step-by-step explanation:

The health insurance program administered by each state and funded by both the federal and state governments is known as Medicaid. Established by Congress in 1965, Medicaid provides medical insurance for individuals with low income, including families with children, the elderly, and the disabled. Each state manages its own Medicaid program, determining eligibility and the level of benefits, which may result in variations in services provided across different states. This means that while the program ensures a certain basic level of benefits, the specifics can differ based on where a person lives.

Considering other options, Medicare is a separate federal program that primarily offers health insurance to individuals over the age of 65 and to those who meet certain disability requirements. Other specialized health-care programs target specific groups, such as military veterans or children in families with low incomes.