Which term describes a federal program of health insurance for persons 65 years of age and older?

Which term describes a federal program of health insurance for persons 65 years of age and older?

• A. Medicare
• B. Workers Compensation
• C. Biotechnology Research and Development
• D. Diagnostic Services

Answer: (A)

Medicare is the federal health insurance program for people 65 and older. It was created to help cover costs for hospital care, medical services, and, in newer parts, prescription drug coverage for older adults (and some younger people with certain disabilities). The program is run nationwide by the federal government and funded through payroll taxes, premiums, and general revenue. This description specifically matches a federal health insurance program for seniors. The other options describe things that are not the federal insurance program: workers’ compensation provides coverage for work-related injuries, biotechnology research and development relates to scientific funding and innovation, and diagnostic services are types of medical testing and procedures rather than an insurance program.

Medicare is the federal health insurance program for people 65 and older. It was created to help cover costs for hospital care, medical services, and, in newer parts, prescription drug coverage for older adults (and some younger people with certain disabilities). The program is run nationwide by the federal government and funded through payroll taxes, premiums, and general revenue. This description specifically matches a federal health insurance program for seniors.

The other options describe things that are not the federal insurance program: workers’ compensation provides coverage for work-related injuries, biotechnology research and development relates to scientific funding and innovation, and diagnostic services are types of medical testing and procedures rather than an insurance program.