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Covers a wide range of medical expenses, including hospitalization and prescription drug benefits. It is available to all Americans age 65 and older. A means-tested program partially funded by the federal government and partially by the states, designed to assist low-income Americans. Most of the recipients of this program are children and older Americans who need long-term care. A program that provides medical and health-care services to members of the armed forces and their families. An insurance plan purchased by individuals through their place of work. These benefits are untaxed and, because of this, are often considered subsidized by the federal government. A medical insurance plan purchased by an individual without the aid of a company or organization. The full cost for this kind of program is borne by the individual. Medicaid Medicare Veterans Health Administration employment-based insurance direct-purchase insurance

Covers a wide range of medical expenses, including hospitalization and prescription drug benefits. It is available to all Americans age 65 and older. A means-tested program partially funded by the federal government and partially by the states, designed to assist low-income Americans. Most of the recipients of this program are children and older Americans who need long-term care. A program that provides medical and health-care services to members of the armed forces and their families. An insurance plan purchased by individuals through their place of work. These benefits are untaxed and, because of this, are often considered subsidized by the federal government. A medical insurance plan purchased by an individual without the aid of a company or organization. The full cost for this kind of program is borne by the individual. Medicaid Medicare Veterans Health Administration employment-based insurance direct-purchase insurance

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Please match each type of health care program with its correct description. Covers a wide range of medical expenses, including hospitalization and prescription drug benefits. It is available to all Americans age 65 and older. A means-tested program partially funded by the federal government and partially by the states, designed to assist low-income Americans. Most of the recipients of this program are children and older Americans who need long-term care. A program that provides medical and health-care services to members of the armed forces and their families. An insurance plan purchased by individuals through their place of work. These benefits are untaxed and, because of this, are often considered subsidized by the federal government. A medical insurance plan purchased by an individual without the aid of a company or organization. The full cost for this kind of program is borne by the individual. Answer Bank Medicaid Medicare Veterans Health Administration employment-based insurance direct-purchase insurance
Transcribed Image Text:Please match each type of health care program with its correct description. Covers a wide range of medical expenses, including hospitalization and prescription drug benefits. It is available to all Americans age 65 and older. A means-tested program partially funded by the federal government and partially by the states, designed to assist low-income Americans. Most of the recipients of this program are children and older Americans who need long-term care. A program that provides medical and health-care services to members of the armed forces and their families. An insurance plan purchased by individuals through their place of work. These benefits are untaxed and, because of this, are often considered subsidized by the federal government. A medical insurance plan purchased by an individual without the aid of a company or organization. The full cost for this kind of program is borne by the individual. Answer Bank Medicaid Medicare Veterans Health Administration employment-based insurance direct-purchase insurance
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