What is the main purpose of Medicaid?

The main purpose of Medicaid is to provide health coverage for low-income individuals. Medicaid is a government program that aims to ensure access to necessary medical services for those who cannot afford them due to their limited financial resources. This program is designed to assist specific populations, including low-income families, elderly individuals, and people with disabilities. By offering coverage for essential healthcare services, Medicaid plays a critical role in reducing healthcare disparities and allowing vulnerable groups to receive timely medical care without facing overwhelming financial burdens.

The other options do not accurately reflect Medicaid's purpose. Medicaid does not cover all citizens equally, as it is specifically targeted toward low-income populations. It is not intended to assist wealthy individuals, who typically have the means to obtain healthcare through private insurance or out-of-pocket payment. Additionally, Medicaid does not serve to fund private insurance companies; rather, it provides direct health benefits to eligible individuals, ensuring that they have access to the healthcare services they need.