(I) The Medicare program is financed by general tax revenue and provides low-income families with access to health care either free or at a low cost. (II) The Medicaid program covers the bulk of the health-care costs of the elderly and is financed mostly through a tax on the wages and salaries of current workers.
A) I is true; II is false.
B) I is false; II is true.
C) Both I and II are true.
D) Both I and II are false.

Question

Quizplus · Accepted Answer

Medicare is primarily for the elderly and is funded by payroll taxes, while Medicaid is for low-income families and is funded by both state and federal governments.

(I) the Medicare Program Is Financed by General Tax Revenue