Which term describes a federally funded program that primarily provides health coverage to older adults and certain disabled individuals?

Which term describes a federally funded program that primarily provides health coverage to older adults and certain disabled individuals?

• A. Medicare
• B. Medicaid
• C. Private Insurance
• D. Managed Care

Answer: (A)

Medicare is the federally funded health coverage program for people who are 65 years old or older, and for younger individuals with certain disabilities or end-stage renal disease. It is financed by the federal government and provides nationwide, standardized coverage. The program includes parts that cover hospital care (Part A), medical services (Part B), and offers optional parts for prescription drugs (Part D) or private plan options (Part C, Medicare Advantage). Medicaid, by contrast, is a joint federal–state program for low-income individuals, private insurance is not a federal entitlement program, and managed care refers to a delivery system rather than a specific program.

Medicare is the federally funded health coverage program for people who are 65 years old or older, and for younger individuals with certain disabilities or end-stage renal disease. It is financed by the federal government and provides nationwide, standardized coverage. The program includes parts that cover hospital care (Part A), medical services (Part B), and offers optional parts for prescription drugs (Part D) or private plan options (Part C, Medicare Advantage). Medicaid, by contrast, is a joint federal–state program for low-income individuals, private insurance is not a federal entitlement program, and managed care refers to a delivery system rather than a specific program.