Chapter 5
Medicare
Introduction and History
The social insurance program known as Medicare is a federally administered plan that provides health insurance coverage to individuals who are age 65 and above or who meet other certain criteria. Medicare is the largest health insurance program in the United States, and it provides benefits to approximately 40 million people. The legislation was a result of the Social Security Act of 1965, and it was signed into law by President Lyndon Johnson. Medicare is administered by the Centers for Medicare and ...
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