1.6 Government Insurers
All of the insurers mentioned previously are private insurers. Federal and state government insurance programs are commonly known as social insurance programs. All of the following are government insurance programs, though each has its own criterion for benefits. Social Security, Medicare, and Medicaid programs will be addressed in detail later in this course.
| GOVERNMENT INSURERS | CRITERION |
|
Social Security (OASDI) Social Security Hospital Insurance (HI) |
Dependent payments are life insurance Disability coverage |
|
Supplemental Medical Insurance (SMI) (commonly known as Medicare) |
Age over 65 Disabled eligible for Social Security benefits End-stage renal disease |
| Medicaid | Poor, indigent, disabled children, renal stage disease |
| U.S. Armed Services and Veterans |
Service members' Group Life Veterans' Group Life National Service Life |
