Questions: This type of insurance is for people over the age of 65.
a. Medicare
b. Medicald
c. HSA
d. HMO
Transcript text: This type of insurance is for people over the age of 65.
a. Medicare
b. Medicald
c. HSA
d. HMO
Solution
The answer is A: Medicare.
Explanation for each option:
a. Medicare: This is a federal health insurance program in the United States primarily for people who are 65 years of age or older. It also covers certain younger people with disabilities and individuals with End-Stage Renal Disease. Therefore, it is the correct answer for insurance for people over the age of 65.
b. Medicaid: This is a joint federal and state program that helps with medical costs for some people with limited income and resources. It is not specifically for people over the age of 65, although some elderly individuals may qualify.
c. HSA (Health Savings Account): This is a savings account available to individuals enrolled in high-deductible health plans (HDHPs). It is not an insurance program and is not specifically for people over the age of 65.
d. HMO (Health Maintenance Organization): This is a type of health insurance plan that provides health services through a network of doctors and hospitals. It is not specifically for people over the age of 65.