Medicare, one of the most significant healthcare insurance programs in the United States, began on July 30, 1965. It was signed into law by President Lyndon B. Johnson as part of the amendments to the Social Security Act of 1965.

The primary goal of Medicare was to provide health insurance for individuals aged 65 and older, regardless of their health status or income. Before Medicare, many seniors lacked access to affordable healthcare coverage and often struggled to afford medical costs.

Since its inception, Medicare has undergone several expansions and changes to improve coverage and benefits for beneficiaries. In 1972, Medicare coverage was expanded to include individuals under 65 with permanent disabilities and those with end-stage renal disease requiring dialysis or kidney transplant.

Over the years, new components have been added to the program, such as Medicare Advantage (Part C) and Medicare Part D, which provides prescription drug coverage. These expansions have broadened coverage options and benefits available to Medicare beneficiaries.

Today, Medicare remains a cornerstone of the U.S. healthcare system, providing health coverage to millions of seniors and individuals with disabilities across the country. For more information about Medicare and how it can benefit you, you can consult with health insurance experts at Daza Insurance.