Medicare Act of 1965

BETTERING THE HUMAN CONDITION.

LBJ wants only the best for us.

"These people are our prideful responsibility and they are entitled, among other benefits, to the best medical protection available." - President Johnson

What exactly is Medicare?

In the United States, Medicare is a national social insurance program, administered by the U.S. Federal government since 1966, that guarantees access to health insurance for Americans aged 65 and older who have worked and paid into the system, and younger people with disabilities .

Why its so important...

As a social insurance program, Medicare spreads the financial risk associated with illness across society to protect everyone, and thus has a somewhat different social role from for-profit private insurers, which manage their risk portfolio by adjusting their pricing according to perceived risk.

Benefits for Medicare...

Part D: Prescription drug plans

This helps pay for drug costs.

You believe in Medicare for All. What exactly does that mean?

We work to ensure that all Americans have access to good, affordable health care coverage. Under our plan, people could keep the private insurance they have if they like. Alternatively, they could buy affordable coverage through a public purchaser, like Medicare, that allows them to use doctors and hospitals anywhere in America. As we know from Medicare, a large public purchaser can use its market leverage to offer a standard set of benefits at an affordable cost to all Americans. If everyone had this choice, the cost of coverage would come down for everyone.