ECONOMICS (CBSE/UGC NET)

ECONOMICS

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is a federal program for individuals over the age of 65, disabled for at least 2 years or ESRD.
A
Medicare
B
Medicaid
C
HMO
D
PPO
Explanation: 

Detailed explanation-1: -Medicare provides health insurance coverage to individuals who are age 65 and over, under age 65 with certain disabilities, and individuals of all ages with ESRD. Medicaid provides medical benefits to groups of low-income people, some who may have no medical insurance or inadequate medical insurance.

Detailed explanation-2: -Medicare is a federal program that provides health coverage if you are 65+ or under 65 and have a disability, no matter your income. Medicaid is a state and federal program that provides health coverage if you have a very low income.

Detailed explanation-3: -End-Stage Renal Disease (ESRD) is when you have permanent kidney failure that requires a regular course of dialysis or a kidney transplant.

Detailed explanation-4: -Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance) are available to the individuals below: Age 65 or older. Disabled. End-Stage Renal Disease (ESRD)

There is 1 question to complete.