The government is one of three primary types of insurers. Which of the following is an example of a government insurance program?

Social Security is indeed an example of a government insurance program. It is a federal system established to provide financial support and insurance benefits, particularly during retirement, disability, or in the event of a death of a wage earner. This program is funded through payroll taxes and is designed to assist individuals in maintaining a basic standard of living.

Blue Cross and Lloyd's Associations, on the other hand, are not government programs. Blue Cross is a private health insurance provider that offers various health insurance products, while Lloyd's Associations operate as a market for insurance and reinsurance, primarily based in London, and also function as a private entity. Hence, they do not fit within the category of government insurance programs.

By identifying Social Security as the government insurance program, it underlines the distinction between public and private insurance entities, which is essential for understanding the broader landscape of insurance offerings.