Which of the following is a social insurance program?
A)Medicaid
B)Food stamps
C)Social Security
D)Temporary Assistance for Needy Families
E)FDIC

Question

Quizplus · Accepted Answer

Social Security is a social insurance program that provides benefits to retired, disabled, or deceased workers and their dependents. Medicaid and Temporary Assistance for Needy Families are examples of welfare programs, while Food Stamps (now known as SNAP) is a food assistance program. FDIC is a federal agency that ensures bank deposits up to a certain amount but is not a social insurance program.

Which of the Following Is a Social Insurance Program