History of Medicare Insurance for retirees

The retirees are one of the largest populations in the United States. At first, they were the working force of the country and that is why we owe them a lot of respect as well as the opportunity to live a dignified life full of all the comforts they require and a lot of protection for their health. That’s why Seniors have now become the priority for health insurance.

Back in 1965, in the Congress of the United States of America, a bill that proposed the creation of a federal Health Program that will benefit seniors is overwhelmingly approved. Going deeper, it consisted in that the people that requested the retirement, could be protected with an excellent medical insurance which allowed them to have a better health during these golden years. For those with Part A and B Medicare supplement plans in 2019 will help pay coinsurance that they would normally have to pay.

The idea was very pleasant to all the congressmen for what this bill was approved by both parties. In this sense, President Lyndon B. Johnson turned the project into law and began to work. This marked a big step in legislative matters and allowed a new era for the health of those in retirement to begin.

The law comes into force in 1966, specifically on July 1 and seniors are very happy about that because now they will not have to worry about paying those exorbitant amounts on medical bills. More than 19 million people over age 65 enrolled in the program and from there everything happened very fast for Medicare.

Although in 1972 people with disabilities under the age of 65 were allowed to enjoy Medicare, people who are in retirement are still the priority of the program since it was for them that Medicare was created.

In the beginning, Medicare Insurance gave you the possibility to enjoy an original plan which consisted of a Plan A and a Plan that covered the medical stay and the medical and equipment expenses respectively. However, in 1997, seniors were able to obtain Part C, known as Medicare Advantage. This has been extremely good for the retiree’s thanks to all the new things it brings.

But the good things about Medicare did not end there but in 2003, the option was given to buy a drug acquisition plan known as part D. Here all those who are in retirement can count on going to get their prescriptions without any problem because they even help you locate the pharmacy where you can get it.

Finally, ending the first decade of the century, President Obama approves the Affordable Care Act where preventive measures are added to all plans. Here the retirement became much healthier because the seniors could go to get their medical checkups without any problem and thus be aware of the state of health of your body.

Today, more than 57 million people are enrolled in Medicare who enjoys all the benefits this program has to give them. Now everyone can stay healthy as well as be protected when facing any type of emergency. Give Medicare a try!