Insurance Blog's

Medicare and Medicaid; 50 years of affordable coverage

published to July 24, 2015

Medicare and Medicaid will celebrate their 50th anniversary on July 30th.

In 1965, President Lyndon B. Johnson signed Medicaid and Medicare into law. Medicare and Medicaid began as basic insurance programs for Americans without health insurance. Over the years, it has continued to evolve and become a standard-bearer for quality and innovation to bring high-quality, affordable care to more Americans.

Both programs have been strengthened by the Affordable Care Act.

  • Under the Health Care Act, Medicare benefits were expanded.Something like free preventive benefits, certain cancer screenings, and annual health checks are now covered.You can also save money if you use prescription drugs

    With discounts on branded prescription drugs.

  • The Health Care Act also provides states with additional federal funding to expand their Medicaid programs. In states that choose to expand Medicaid, free or low-cost health insurance is available to everyone with a household income below a certain level.

Medicare and markets

provides health insurance to people over 65, certain young people with disabilities, and people with end-stage renal disease.

There are a few things you should know about Medicare and the Marketplace.

  • Medicare is not part of the health insurance marketplace®So if you have Medicare, you don’t have to do anything. If you have Medicare, you are considered covered.

  • If you’re under 65 and don’t have health insurance, you can enroll in a Marketplace plan. Once your Medicare coverage begins, you can end your Marketplace plan without penalty.

Learn more about Medicare and markets.

Medicaid and the Market

Filling out the Marketplace application will also tell you if you are eligible.


  • Medicaid and CHIP provide free or low-cost health insurance to millions of Americans, including some low-income individuals, families and children, pregnant women, seniors, and people with disabilities. Both programs are run jointly by the federal and state governments.
  • You may be eligible for these programs based on household size, income, and other factors such as age and disability. You can join and apply at any time of the year.

  • Some states have expanded their Medicaid programs to cover everyone whose household income is below a certain level. Find out if your state is expanding coverage and what this means for you.

  • Note: Even if your state doesn’t extend Medicaid, you’ll still need to apply for coverage to see if you’re eligible.

learn how Apply for Medicaid coverage.

Medicare and Medicaid Make America Healthier

Medicare and Medicaid save lives, extend people’s lives, and provide the peace of mind of affordable health care.

If Medicare or Medicaid has improved your life or the lives of your loved ones, share your story twitter or Medicare Facebook page.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button