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Which of the following benefits are typically referred to as traditional Medicare (the original programs enacted in 1965)? a. Hospital Insurance and Supplemental Medical Insurance

Which of the following benefits are typically referred to as "traditional Medicare" (the original programs enacted in 1965)?

a. Hospital Insurance and Supplemental Medical Insurance
b. Hospital Insurance and Medicare Advantage
c. Hospital Insurance and Pharmaceutical Benefits
d. Supplemental Medical Insurance and Pharmaceutical Benefits

The Affordable Care Act, as passed in 2003, made what change to Medicare Part D, the outpatient prescription drug benefit?

a. Made participation mandatory.
b. Allowed Medicare to regulate drug prices.
c. Attempted to close the coverage gap, or "doughnut hole."
d. None of the above.

Which of the following statements about Medicaid istrue?

a. Medicaid is a federal social insurance program.
b. Medicaid is a federal welfare program for the poor.
c. Medicaid is fully funded by state governments.
d. Medicaid is fully funded by the federal government.

  1. True or false: Medicaid is funded by both the federal and state governments, but the constraints of the Medicaid Act and regulations leave little flexibility to states to administer or define the program.

True

False

The Affordable Care Act, as passed in 2003, made what change to Medicare Part D, the outpatient prescription drug benefit?

a. Made participation mandatory.
b. Allowed Medicare to regulate drug prices.
c. Attempted to close the coverage gap, or "doughnut hole."
d. None of the above.

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