Multiple Choice
Which of the following statements regarding public health insurance is true?
A) Medicare is a medical entitlement program for the elderly while Medicaid is a medical welfare system for the poor.
B) Medicare is a medical welfare system for the poor while Medicaid is a medical entitlement program for the elderly.
C) Medicaid is based primarily on age while Medicare provides medical, hospital, and long term care for people who are poor and either aged, blind, disabled, or pregnant.
D) Medicare is funded by federal and state governments whereas Medicaid is funded by people's payments into the Social Security system.
Correct Answer:
Verified
Correct Answer:
Verified
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