Which of the following is a state-administered health insurance designed to provide coverage for individuals and families with low incomes and limited financial assets?

A. Medicaid
B. Affordable Care Act (ACA)
C. State Children's Health Insurance Program (SCHIP)
D. Medicare



Answer :

Final answer:

Medicaid is a state-administered health insurance program for low-income individuals and families, with eligibility varying by state.


Explanation:

Medicaid is a federal and state funded program that provides government insurance to low-income individuals and those with disabilities. It is state-administered and eligibility varies from state to state. With the expansion of the Affordable Care Act (ACA) in 2014, states were given the option to expand Medicaid to cover more citizens.


Learn more about Medicaid here:

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