Why was Medicare Created?


Medicare was created because the elderly did not have access to affordable private insurance coverage, because few insurance companies used community rating. The American people felt that the elderly should have access to health care. You can find more information here: content.healthaffairs.org
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Why Was Medicare Created?
Used by an estimated 40 million people, Medicare is a federally funded health care program providing basic medical care to elderly and disabled individuals across America. As the country's leading health care program, Medicare offers qualified residents... More »
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Source: www.ehow.com
Medicare was created to aid those aged 65 years and older and those who are disabled, so that they can receive health insurance. It is especially beneficial for those who are unable to work because of age or disability, because they would otherwise not be able to afford health insurance.
Q&A Related to "Why was Medicare Created?"
Medicare was established in the year of 1966. Disabled people under the age of 65 only became able to get coverage in this program 7 years later. For more information look here: http
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Medicaid was created on July 30, 1965, through Title XIX of the Social Security Act. Medicare was first created by President Truman in 1945 but it was not officially signed into law
In July 30, 1965 Medicare and its companion program Medicaid, were signed into law by President
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