Bachelor of Health Science Practice Exam 2025 – Complete Prep Guide

Medicaid is the largest source of funding for the medical care of Americans with low income because it is a government-sponsored program specifically designed to provide health coverage to eligible individuals and families with limited financial resources. Established as part of the Social Security Act in 1965, Medicaid supports the healthcare needs of low-income individuals, including children, pregnant women, elderly individuals, and people with disabilities.

Medicaid covers a wide range of healthcare services, including hospital visits, doctor appointments, long-term care, and preventive services. The program is jointly funded by the federal and state governments, allowing states to tailor their programs to meet the specific needs of their populations while adhering to federal guidelines. As a result, Medicaid plays a crucial role in ensuring that those who might otherwise be unable to afford healthcare receive necessary medical attention.

While Medicare serves older adults and some younger individuals with disabilities and is an important program for those over 65, it does not specifically target low-income individuals. Private insurance and charity care also play roles in healthcare funding but do not provide the same level of comprehensive support for low-income populations as Medicaid does. Thus, Medicaid remains the primary and largest contributor to medical care funding for low-income Americans.