The United States government's health
insurance program for:
"senior citizens" -- people 65 years of age or older,
certain younger people with specific disabilities, and
people with end-stage renal disease (ESRD) -- permanent kidney failure requiring dialysis or a transplant.
Medicare is funded by the Social Security Administration. with a budget roughly equal to about 10% of the entire US budget. Medicare is currently available to about 40 million people
Medicare Part A covers inpatient hospital stays while Medicare Part B covers physician and outpatient services.
In 1965, President Lyndon B. Johnson signed the Medicare bill into
law in the presence of former President Harry S. Truman in
Independence, Missouri. Truman described the event as "a profound
personal experience for me." During his presidency, Truman had
attempted in vain to get a national health insurance program through
Congress. In 1966 the first Medicare card was issued by LBJ to
Truman. The second card was given to the former First Lady, Bess
Truman.
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