What did the Medicare Act of 1965 establish, and whom did it cover?

What did the Medicare Act of 1965 establish, and whom did it cover?

• A. Created Medicaid health coverage for low-income people
• B. Created private health insurance vouchers
• C. Created Medicare health insurance for people aged 65+ and certain disabled individuals
• D. Created a universal single-payer system

Answer: (C)

Medicare is a federal health-insurance program created to protect people from the high costs of medical care after retirement and for certain disabled individuals. It established coverage for Americans aged 65 and older, plus qualifying younger people who receive Social Security disability benefits. The program began with hospital insurance (Part A) and medical insurance (Part B), helping with inpatient care, doctor visits, and other essential services. It’s different from Medicaid, which is means-tested and designed for low-income individuals, and it isn’t a private voucher system or a universal single-payer plan.

Medicare is a federal health-insurance program created to protect people from the high costs of medical care after retirement and for certain disabled individuals. It established coverage for Americans aged 65 and older, plus qualifying younger people who receive Social Security disability benefits. The program began with hospital insurance (Part A) and medical insurance (Part B), helping with inpatient care, doctor visits, and other essential services. It’s different from Medicaid, which is means-tested and designed for low-income individuals, and it isn’t a private voucher system or a universal single-payer plan.