I am taking the government and the Economy unit test and I need help?

Question

Suppose expenses for Medicaid are rising rapidly. Which strategy could the federal government use to solve this situation?

If anyone could help with that or any other answers on the test that would be helpful.

Answer 1

One possible strategy the federal government could use to address the rising expenses for Medicaid is to implement cost-saving measures, such as reducing fraud and waste, negotiating lower drug prices, and promoting preventative care. Additionally, the government could consider increasing funding for Medicaid or expanding eligibility criteria to include more people and potentially reduce overall healthcare costs in the long run. Ultimately, the solution will depend on various factors and may require a combination of approaches.