Which program is jointly funded by federal and state governments to assist those with insufficient resources for medical care?

Medicaid is a program designed to provide medical assistance to individuals and families with limited financial resources. It is jointly funded by both federal and state governments, which means that the federal government contributes a percentage of the funding while each state provides the rest. This partnership allows states to tailor their Medicaid programs to meet the specific health care needs of their populations, within the framework established by federal guidelines.

Eligibility for Medicaid typically extends to various groups, including low-income families, pregnant women, children, the elderly, and individuals with disabilities. The program covers a wide range of medical services, including hospital visits, doctor appointments, preventive care, and long-term care, helping to reduce the overall burden of health care costs on low-income individuals and families.

In contrast, Medicare is primarily designed for seniors aged 65 and older, as well as certain younger individuals with disabilities, but it is not income-based nor is it a program for those with insufficient resources. Medicare Advantage is a type of health plan offered by private insurance companies that contracts with Medicare, providing additional benefits, but it also does not target low-income individuals specifically. Social Security, while providing financial assistance to retirees, disabled individuals, and survivors, is not a healthcare program and does not directly fund medical care. Thus