Which of the following is an example of a federal insurance program?

Medicare is a prime example of a federal insurance program because it is administered by the federal government and provides health coverage primarily for individuals aged 65 and older, as well as for some younger individuals with disabilities or specific health conditions. This program represents a significant part of the nation's healthcare system, ensuring that eligible individuals have access to essential medical services.

The other options represent different types of insurance that are not federally managed. Homeowners insurance, private health insurance, and automobile insurance are typically offered by private insurance companies and are governed by state laws rather than federal regulations. This distinction is key in understanding what constitutes a federal insurance program versus private or state-managed options.