What federal program is designed to provide health insurance for senior citizens?

What federal program is designed to provide health insurance for senior citizens?

• A. Medicaid
• B. Medicare
• C. Social Security
• D. CHIP

Answer: (B)

The federal program designed to provide health insurance for senior citizens is Medicare. Medicare is specifically aimed at individuals aged 65 and older, offering them access to health insurance coverage for hospital services, medical services, and, in some cases, prescription drugs. Established in 1965, it plays a crucial role in ensuring that senior citizens have the necessary healthcare support as they age, addressing common health concerns that arise in later life. While Medicaid provides health coverage to eligible low-income individuals and families, including some elderly individuals, it is not exclusively for seniors and has a different focus. Social Security, on the other hand, is a social insurance program that provides financial assistance to individuals based on their previous work history, primarily during retirement, but it does not directly provide health insurance. CHIP, or the Children’s Health Insurance Program, is aimed at providing health coverage to uninsured children in families with incomes that are too high to qualify for Medicaid but too low to afford private coverage. Each of these programs serves distinct populations and purposes, but Medicare's specific focus on senior citizens is what makes it the correct choice in this context.

The federal program designed to provide health insurance for senior citizens is Medicare. Medicare is specifically aimed at individuals aged 65 and older, offering them access to health insurance coverage for hospital services, medical services, and, in some cases, prescription drugs. Established in 1965, it plays a crucial role in ensuring that senior citizens have the necessary healthcare support as they age, addressing common health concerns that arise in later life.

While Medicaid provides health coverage to eligible low-income individuals and families, including some elderly individuals, it is not exclusively for seniors and has a different focus. Social Security, on the other hand, is a social insurance program that provides financial assistance to individuals based on their previous work history, primarily during retirement, but it does not directly provide health insurance. CHIP, or the Children’s Health Insurance Program, is aimed at providing health coverage to uninsured children in families with incomes that are too high to qualify for Medicaid but too low to afford private coverage. Each of these programs serves distinct populations and purposes, but Medicare's specific focus on senior citizens is what makes it the correct choice in this context.