Which of the Following Best Describes How Eligibility for Medicaid

question 34

Multiple Choice

Which of the following best describes how eligibility for Medicaid services is determined? (Select all that apply.)

• A) Anyone over age 65 years who is eligible for Social Security benefits may apply for Medicaid.
• B) Baseline eligibility is established by the federal government, but states may be more lenient.
• C) Children in low-income families are eligible for free care.
• D) Eligibility depends on family size and total family income.
• E) Federal government establishes eligibility and gives funds to the states in reimbursement for this care.
• F) State government establishes guidelines for whether to participate and who will be covered.

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Definitions:

Step-Down Method

A method of allocating costs whereby one service department’s cost is allocated to all remaining service departments and operating departments, and so on, until all service department costs are allocated to final products.

Death Spiral

A situation occurring when transfer prices include fixed costs and users reduce their use of the internal product or service. This further increases the transfer price (based on average cost) and more users reduce their demand.

Internal Pricing System

A method used by companies to assign a price to goods or services exchanged between the different divisions of the same company.

Legal Department

A specialized division within a corporation or organization tasked with handling legal matters and ensuring compliance with laws and regulations.