Two Working Adults Do Not Have Access to Health Insurance

question 11

Multiple Choice

Two working adults do not have access to health insurance for their family from their employers and do not meet the financial criteria for Medicaid. For which of the following federal programs may the children in this family be eligible?

• A) Medicare
• B) Civilian Health Medical Program for Uniformed Services (CHAMPUS)
• C) State Children's Health Insurance Program (SCHIP)
• D) Veteran's Administration Program

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Definitions:

Capital Deficiency

A financial situation where a company’s liabilities exceed its assets, indicating potential insolvency.

Schedule of Cash Payments

Schedule of Cash Payments is a detailed plan that outlines all expected cash payments to be made by a business over a specific period.

Noncash Assets

Resources such as real estate, machinery, patents, and trademarks that are not readily convertible into cash.

Income Ratios

A set of financial metrics that compare a company's income to other aspects of its financial performance or condition.