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The federal health insurance program for elderly citizens is called which of the following?Group of answer choicesS-CHIPMedicaidSocial SecurityMedicare

Question

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Solution

Break Down the Problem

  1. Identify the correct federal health insurance program for elderly citizens among the given options.
  2. Recognize the functions and target demographics of each of the provided options.

Relevant Concepts

  1. S-CHIP: State Children's Health Insurance Program, primarily for children.
  2. Medicaid: A program that assists low-income individuals and families.
  3. Social Security: A federal program that provides retirement, disability, and survivors benefits but is not specifically a health insurance program.
  4. Medicare: A federal program specifically aimed at providing health insurance for elderly citizens, typically those aged 65 and older.

Analysis and Detail

  • Medicare: It is the program designed for the elderly and provides healthcare coverage. It consists of different parts that cover hospital insurance (Part A), medical insurance (Part B), and prescription drug coverage (Part D).

Verify and Summarize

Among the four options, Medicare stands out as the only program exclusively dedicated to elderly citizens, while the others cater to different demographics or purposes.

Final Answer

The federal health insurance program for elderly citizens is called Medicare.

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