Final answer:
Medicare advantage is a government-sponsored health care program that provides health insurance to people over the age of 65 and to those who meet certain disability criteria. It is financed through taxes and general revenue funds.
Step-by-step explanation:
Medicare advantage is a government-sponsored health care program that is financed through taxes and general revenue funds. It provides health insurance to people over the age of 65 and to those who meet certain disability criteria. Medicare is an example of a public healthcare system that offers insurance primarily to people over sixty-five years old. Private insurance, on the other hand, is not a government-sponsored program and is typically purchased by individuals or provided by employers. Health savings accounts are individual accounts where people can save money for medical expenses tax-free. Medicaid is a public health care program that provides health care to those with low incomes.