45 Years of Medicare
Today marks the 45th anniversary of the creation of Medicare. President Lyndon B. Johnson signed Medicare into law on July 30, 1965 in order to ensure that American older citizens would have access to the quality, affordable health care they need. Medicare has grown into one of the most successful health programs ever created, currently insuring over 44 million Americans, and helping to reduce poverty among older citizens by two thirds since its inception. Medicare has become a cornerstone of the American healthcare system and has greatly enhanced the security of America’s older citizens.
As we celebrate this great program’s 45th anniversary, we need to look at what the Affordable Care Act has done to improve Medicare. This new law strengthens Medicare through improved treatment and outcomes for older citizens. Effective immediately the new law will help reduce the costs of prescription drugs by giving beneficiaries who fall into the Part D “donut hole” a $250 rebate check, and will provide a 50% discount on certain prescriptions if beneficiaries reach the coverage gap. In 2011, beneficiaries will also be able to receive free preventative care screenings as well as a yearly physical. These and other important changes will help older citizens stay healthy and receive high quality medical care.
On the 45th anniversary of this great program which has helped to safeguard America’s older citizens, we applaud these improvements as they will help our older citizens get affordable and quality care. Today a new commercial celebrating Medicare’s 45th anniversary narrated by Andy Griffith was released. Take a moment to watch this commercial and see how the changes we made will help you.
Visit Medicare.Gov for more.