Question

A nurse is explaining the various types of health care coverage clients might have to a group of nursing students. Which of the health care financing mechanisms are federally funded?

1) Preferred provider organization
2) Medicare
3) Long-term insurance
4) Exclusive Preferred Organization
5) Medicaid

Answer 1

Medicare and Medicaid are federally funded health care coverage programs.

Step-by-step explanation:

Among the health care financing mechanisms mentioned, the federally funded options are Medicare and Medicaid.

Medicare provides health services to people over 65 years old and those who meet certain disability standards. It is funded by payroll taxes. Medicaid, on the other hand, provides services to people with very low incomes. It is funded by government tax dollars.