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Financial Planner

Category - Risk Management and Insurance Planning

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Which type of insurance plan is available to individuals over age 65?

Group plan coverage
COBRA
Medicare
Medicaid

Explanation

Answer: C - The government offers a health insurance program to individuals over the age of 65. Taxpayers pay into this program through employee withholding while they are working, and one of the Medicare plans is available to individuals who are eligible to receive Social Security.

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