4. Which of the following statements pertaining to Medicaid is correct? a. It is

Question

4. Which of the following statements pertaining to Medicaid is correct?

a. It is a government program that provides income for needy elderly individuals

b. It is a government program that is designed to provide health benefits to all individuals over the age of 65

c. It is a government program designed to provide health benefits to the needy

d. It is a federal government program not impacted by State law

5. A revocable trust will become irrevocable when the trust beneficiary dies. T/F

6. An irrevocable trust must have a corporate trustee in order for the trust to be valid. T/F

Explanation / Answer

4) It is a government program designed to provide health benefits to the needy

Medicaid in the United States is a social health care program for families and individuals with low income and limited resources

5) True. The trust becomes irrevocable when the trust beneficiary dies.

6) False.

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