Preview

History Of Medicare

Better Essays
Open Document
Open Document
1021 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
History Of Medicare
Here in the United States there are millions of senior citizens who can’t afford health care coverage or they are disabled and not able to work. In 1965 Due to the large number of people without health care President Lyndon B. Johnson created a means to serve a certain group of people who did not have health care coverage. Medicaid and Medicare were added to the Social Security Act in that same year. The government programs which came about are called Medicaid and Medicare. Medicaid and Medicare were setup to provide medical and health related services to a group here in the United States. Although Medicaid and Medicare are two different programs, they both are managed by the centers for Medicaid and Medicare services which is a division …show more content…
Medicaid is social welfare that serves about 40 million people. The overall goal is to discuss in brief detail the background of the programs and describe how they have evolved over the last forty years. The initial reason behind Medicare was to provide health insurance to the United States senior citizens beginning in 1966. After more than forty years the Medicare program is now available to more than 42 million people. Again the Medicare program was designed for senior citizens but it is also available to serve individuals under the age of 65 who are deemed permanently disabled. Medicare is health insurance that pays hospital and medical care for these individuals. Medicare consists of two main parts, Part A and Part B and also two additional parts, Part C and Part D. Medicare Part A is the hospital …show more content…
Between March and July of 1965 the House of Representatives and the Senate passed “the Mills Bill” which was a package of health benefits and social security improvements. In July of 1965 President Johnson signed the H.R. 6675 (Public Law 89-97). The state of Missouri was the first to start using Medicare and it started with Harry S Truman. In July 1966 Medicare became active to everyone who was 65 years old or older and they were automatically covered by Medicare Part A. In 1969 the Task Force on Prescription drugs released the last report listing the cost and feasibility of adding medication to the coverage. In October 1972 President Nixon signed the Social Security Amendments of 1972. These amendments were the first changes made to Medicare since its initial start in 1966. Medicare became available to people who received disability in 1973. Almost 2 million people receiving disability benefits were covered. Changes to the social security amendments in 1983 created a payment plan system for the Medicare program. The Participating Physicians Program was established in 1984 in order to freeze physician fees. Between the years of 1985 and 1989 the Consolidated Omnibus Budget Reconciliation Act was created. This particular act made Medicare a requirement for new employees holding state and local government positions. The Emergency Extension Act was also

You May Also Find These Documents Helpful

  • Powerful Essays

    Medicare Overview

    • 1393 Words
    • 6 Pages

    This paper is an overview of the Medicare system and how it works. The document is intended…

    • 1393 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Created by Congress in 1965, under President Lyndon B. Johnson, Medicare is an insurance program sponsored by the United States government. The purpose of Medicare is to guarantee access to health insurance for US citizens of age 65 and over and to people of any age with disabilities. In 2011, 48.7 million people were covered by Medicare with a total expenditure of $549.1 billion1 from which $182.7 billion was used to cover 15.3 million inpatient admissions; this represents 47.2 percent of total hospital’s admission costs in the US. Medicare falls under the category of a single-payer health care program;2 which means that a single public or semi-public agency organizes the healthcare finances; however, the delivery of care remains under private authority.…

    • 2040 Words
    • 5 Pages
    Best Essays
  • Good Essays

    According to the case study, Medicare and Medicaid were passed into law in the United States to provide coverage for health-care costs for their citizen, especially those who are elderly, poor, and disabled.…

    • 665 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Personal Finance

    • 595 Words
    • 3 Pages

    Economics plays a role in personal finance. -Describe the role that economics plays in your personal financial plan. Also, the use of credit plays a role in a personal financial plan. Describe the advantages and disadvantages of credit and explain how you will use it as part of your financial plan. Specifically address the following required elements:…

    • 595 Words
    • 3 Pages
    Good Essays
  • Good Essays

    I. Medicaid was first created and developed to provide health care services for individuals with low income and limited resources. The government developed funds that would match State funds with Federal funds in order to serve the ill, the elderly and children. Team "B" will construct an outline of Medicaid and its development during the stages of policy making and what it takes to produce such a policy. Every American citizen will be affected by both the past and future policies implemented in the attempts to save Medicaid. (www.kff.org/medicaid)…

    • 1860 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Although people link Medicare and Medicaid; Medicaid is entirely different. Medicaid is also a federally funded insurance program however this program serves low-income and underprivileged populations. Although Medicaid is federally funded, funds are allocated and distributed by the state. The state is mandated to facilitate programs for Medicaid; additionally, the state determines the eligibility of Medicaid recipients, the type of service received, the duration, and the scope of service. The state also regulates payments for services.…

    • 104 Words
    • 1 Page
    Good Essays
  • Better Essays

    U.S. Health Care Timeline

    • 911 Words
    • 4 Pages

    | Medicare and Medicaid were previously known as Health Care Financing Administration (HCFA). In 1965, the Social Security Act establishing both Medicare and Medicaid. The Social Security Administration (SSA) became responsible for the administration of Medicare and Social and Rehabilitation Service become responsible for the administration of Medicaid.…

    • 911 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Medicare is a government health insurance program. Medicare provides health care assistance for people 65 or older. Medicare provides insurance for people younger than 65 who have chronic illnesses, disabilities, or permanent kidney failure. Medicare will not cover all medical expenses, but it gives basic protection against some health care cost. Medicare beneficiaries are enrolled and giving specific information about insurance by the Social Security office. Medicare is divided into two parts. Medicare Part A which covers inpatient hospital. Medicare Part B which covers some doctors' bills and few health…

    • 91 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    paper

    • 418 Words
    • 2 Pages

    Medicare has been around for years and it was introduced to the public in 1965. This is a coverage for elderly s that are 65 and older, disabled people and people with the end stage renal disease. Medicare is a program that protects everyone by spreading the financial risk across society. Medicare has defined benefit for enrollees.…

    • 418 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Medicaid Pros And Cons

    • 839 Words
    • 4 Pages

    “Our Nation is accomplishing more for its people than it has ever been accomplished before,” (Johnson 6). In 1964 President Lyndon B. Johnson was elected president and as president he passed the Social Security Act of 1965, which resulted in the creation of Medicaid. The only medical converge the Americans were given before the act was provided by businesses or the program only covered elders. Medicaid became one of the first programs to provide coverage for a variety of people. Although Medicaid is taken advantage of it is more beneficial because each state can create programs that are beneficial for the people, the states and government are in charge of the finances, and explored ways to provide more opportunities for people to afford medical…

    • 839 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Medicare and Medicaid

    • 3491 Words
    • 14 Pages

    With the ever-changing difficulties of our health insurance landscape, the government has taken a more active role in the health care and well-being of American citizens. With this shift, programs like Medicare and Medicaid, become polarizing topics in an environment where individual finances are tight, our economy is struggling, and the future is no longer as predictable or financial secure as we once believed it to be. Medicare and Medicaid programs will be the focus of this analysis. The paper will explore the history behind these programs, some common fraud and abuse methods and techniques, and will finally discuss possible solutions and tactics in place to mitigate future manipulation of these programs.…

    • 3491 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Comparing Medicare and Medicaid, the two main health resources people receive coverage from, it seems as if Medicaid will cover certain things Medicare normally does not. Medicaid covers more long-term issues and services, as Medicare may only focus on helping with hospital bills. Medicare also is a federal program that provides care if you are 65+ or if you have a severe disability. Now, its understood health insurance can not cover every cent, but people should not fear checking into the hospital because they may not be able to afford the bill, that's not how it should…

    • 1766 Words
    • 8 Pages
    Good Essays
  • Good Essays

    It was established in 1965 as a health insurance program to complement retirement and/or their survivors and those that are disabled. Medicare consists of Parts A, B, C, and D. Part A is hospital insurance, Part B is medical insurance, and Part D is prescription drug coverage and Part C is actually is where private medical insurance companies can offer Medicare. As with Medicaid if a physician’s accepts Medicare they will have a steady flow of patients especially since the elderly population is growing and expected to continue to grow and they are guaranteed to be paid. But a big disadvantage with Medicare is the physician is limited as to the scope of treatment they can give to their patients. Medicare has a “chart” that determines what can and cannot be prescribed for any given illness the patient may have.…

    • 651 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Medicare Modernization

    • 1143 Words
    • 5 Pages

    On December 8, 2003, President Bush signed into existence the Medicare Prescription Drug, Improvement, and Modernization Act (CMS, 2003). This Act over the years is intended to provide prescription drug benefits to seniors. It will also provide subsidies to insurance companies, health maintenance organizations, and would allow private plans to compete with Medicare (CMS, 2003).…

    • 1143 Words
    • 5 Pages
    Better Essays
  • Good Essays

    This paper will discuss the aging (elderly) population of the United States; there has been a significant increase in elderly population since 2011. The elderly population is defined as those individuals aged 65 and over (Hogan, Ortman, and Velkoff, 2014.) However, this increase is largely responsible due to the baby boomers, as they began to turn 65 in 2011; however it is projected that by 2050, the surviving baby boomers will be over the age 85 (Hogan, Perez, and Bell, 2008.) This population consists of about 83.7 million individual which this number has double since 2012. In this paper it will discuss challenges that the older population faces with Medicare and social security.…

    • 433 Words
    • 2 Pages
    Good Essays