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How is Medicaid funded?

Select one:
A. Payroll taxes from the employed
B. Employer taxes based on payroll
C. Part of Medicare
D. Jointly funded by individual states and the federal government


Sagot :

Final answer:

Medicaid is funded by a collaboration between states and the federal government to provide medical insurance to low-income individuals.


Explanation:

Medicaid is funded through a joint effort between the states and the federal government. The federal government helps finance Medicaid, but each state is in charge of managing the program and determining eligibility and benefits.

The federal government contributes to Medicaid funding, while individual states administer the program, set benefit levels, and decide on eligibility requirements.

Medicaid provides medical insurance to low-income individuals like those below the poverty line, prioritizing families with children, the elderly, and people with disabilities.


Learn more about Medicaid funding here:

https://brainly.com/question/30840336


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