Arkansas Life and Health Insurance Practice Exam

To be eligible for Medicaid, a person's income must be:

1. Above average

2. At the poverty line

3. Below average

4. Based upon need

The correct answer is: Above average

To be eligible for Medicaid, a person's income must be above average. This is because Medicaid is a program designed to provide health coverage to low-income individuals and families who cannot afford healthcare coverage on their own. Therefore, individuals with income above average levels would not qualify for Medicaid benefits. Options B, C, and D are incorrect: B. At the poverty line - While Medicaid is typically aimed at individuals with incomes below the poverty line, this specific program requires incomes to be above average. C. Below average - This is also not accurate as Medicaid eligibility typically requires income levels to be below a certain threshold, not below average. D. Based upon need - While Medicaid considers financial need as a factor in determining eligibility, the specific requirement for this program is that income must be above average.