1. Which of the following is a key difference between Medicare and

Medicaid managed care plans?

a) Medicare plans are federally funded, while Medicaid plans are statefunded.

b) Medicare plans cover people who are 65 or older, while Medicaid plans

cover people with low income or disabilities.

c) Medicare plans are voluntary, while Medicaid plans are mandatory for

eligible beneficiaries.

d) *All of the above*

Rationale: Medicare and Medicaid managed care plans differ in their

funding sources, eligibility criteria, and enrollment options. Medicare plans

are financed by the federal government through payroll taxes and

premiums, while Medicaid plans are jointly funded by the federal and state

governments through taxes and matching payments. Medicare plans cover

people who are 65 or older, disabled, or have end-stage renal disease, while

Medicaid plans cover people with low income or disabilities who meet

certain eligibility requirements. Medicare plans are voluntary, meaning that

beneficiaries can choose to enroll in a managed care plan or stay in the

traditional fee-for-service program, while Medicaid plans are mandatory for

most eligible beneficiaries, meaning that they have to enroll in a managed

care plan if one is available in their state.

2. What is the main advantage of managed care for Medicare and Medicaid

beneficiaries?