Explain the concept of means-tested programs.

Explain the concept of means-tested programs.

Means-tested programs are social welfare programs that provide assistance to individuals or households based on their income or financial resources. These programs aim to target and provide support to those who have limited means or are considered to be in need. Means testing involves assessing an individual's or household's income, assets, or other relevant factors to determine their eligibility for the program and the level of assistance they will receive. The purpose of means-tested programs is to ensure that resources are allocated to those who need them the most, helping to reduce inequality and provide a safety net for those facing economic hardships. Examples of means-tested programs include Medicaid, Supplemental Nutrition Assistance Program (SNAP), and Temporary Assistance for Needy Families (TANF).