President Lyndon B. Johnson signed Medicare and Medicaid into law on July 30, 1965, in Independence, Mo. H.R. 6675 (Public Law 89-97), “The Social Security Act Amendments of 1965,” established health insurance programs for the elderly and needy in America. Medicare provided basic hospital insurance for people age 65 or older; it also offered supplemental medical insurance to help the elderly pay for medical services, including doctor visits. Medicare was funded by taxes on workers’ earnings, matched by employers’ contributions.
At the signing ceremony, President Johnson credited former President Harry S. Truman with planting the seed for a national health insurance plan back in 1945.
Who Was the First Person to Enroll in Medicare?
Who Was the First Person to Suggest That a Program Like Medicare Was Needed?
Which President Signed Legislation Establishing the Medicare Program for the Elderly and Medicaid for the Needy?
What Agency Originally Administered Medicare?