Which statement about Medicaid is true?

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Medicaid is a federally supported, state-administered program that provides health coverage to low-income families and individuals. The federal government sets broad guidelines and funds a large portion, but each state runs its own program within those rules, including deciding who’s eligible and what services are covered. Because it’s a public program, it is not private insurance. Medicaid typically acts as the payer of last resort—other insurance is billed first, and Medicaid covers remaining approved costs. It does cover a wide range of health services, though specifics can vary by state. Therefore, the true description is that Medicaid is federally funded and state-administered for low-income populations.