American Nurses Credentialing Center (ANCC) Practice Exam 2025 - Free ANCC Practice Questions and Study Guide

The appropriate funding agency for an 80-year-old male patient with dementia who has spent down to qualify for long-term care is Medicaid. Medicaid is a joint federal and state program that provides health coverage and assistance for individuals with low income, including older adults and those with disabilities.

Individuals often spend down their assets to meet Medicaid’s eligibility requirements, as the program is designed to assist those who have limited financial resources. This lack of assets enables them to access benefits that cover various health services, specifically long-term care, which is essential for patients with dementia who may require assistance with daily living activities and medical care.

In contrast, Medicare generally covers hospital stays and some short-term rehabilitation services but does not typically cover long-term care services unless it is in a skilled nursing facility for a limited period following hospitalization. The American Association of Retired Persons is an advocacy organization rather than a funding agency and does not provide direct financial assistance. The United States Social Security Administration primarily administers Social Security benefits and does not function as a funding source for long-term care. Therefore, Medicaid is the correct answer for this scenario.