Which statement accurately describes Medicaid funding?

Medicaid funding is accurately described as being sourced from both state and federal governments. This unique structure allows for flexibility and variation in how states implement and administer their Medicaid programs while ensuring a base level of funding and support from the federal government. Each state receives federal matching funds that are contingent upon the expenditure of state funds for Medicaid services, resulting in a partnership that enables states to provide necessary health care services to low-income individuals and families.

The other statements do not reflect the true nature of Medicaid funding. It is not solely funded by state governments, as that would limit the financial ability to support the program adequately in many states. Regarding premiums, while some states may have nominal premiums, Medicaid is generally designed to provide services with little to no cost to participants, focusing on access to care rather than making it financially burdensome. Lastly, while Medicaid does not impose limits on the number of visits for adults, certain services may still be subject to criteria or limitations based on medical necessity or other factors determined by individual states’ Medicaid plans.