Question

In: Economics

Which of the following is true about the Medicaid program in the United States? Question 7...

Which of the following is true about the Medicaid program in the United States?

Question 7 options:

It is a program of health insurance for the elderly.

Its costs are paid entirely by the federal government.

It is a program of health insurance for the poor.

Its costs have been declining in recent years.

Solutions

Expert Solution

Option C.

  • Medicaid is health insurance program run by the federal government and the state government in the United States.
  • It provides health insurance to all the people belonging to low income classes irrespective of their ages.
  • Hence Medicaid program in the United States is specifically designed for poor.

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