What does Medicaid provide assistance for?

Medicaid provides assistance primarily for medical bills and healthcare costs for individuals and families who meet specific income criteria. It is designed to help low-income individuals, including children, pregnant women, elderly individuals, and people with disabilities, gain access to necessary medical services. The program works on a state and federal level to ensure that those who face financial hardships can receive healthcare coverage.

Option B is correct because it accurately reflects Medicaid's purpose of serving those who are financially eligible based on their income levels. This ensures that assistance is targeted towards individuals who need it the most and fosters accessibility to healthcare services among underprivileged groups.

Other options do not align with Medicaid's functions: option A incorrectly suggests that Medicaid assists those with high incomes, which is not the case since eligibility is based on lower-income thresholds. Option C focuses on comprehensive healthcare for seniors but is more applicable to Medicare, which caters specifically to older adults. Option D refers to retirement planning and benefits, which is outside the scope of Medicaid's services, as Medicaid is primarily concerned with medical assistance rather than financial planning for retirement.