Medicare is the name given to a health insurance program administered by the United States government, covering people who are either age 65 and over, or who meet other special criteria. It was originally signed into law on July 30, 1965 by President Lyndon B. Johnson as amendments to Social Security legislation. At the bill-signing ceremony President Johnson enrolled former President Harry S. Truman as the first Medicare beneficiary and presented him with the first Medicare card.[1]

Contents [hide]
1 Administration
2 Taxes imposed to finance Medicare
3 Cost
4 Eligibility
5 Benefits
5.1 Part A: Hospital Insurance
5.2 Part B: Medical Insurance
5.3 Part C: Medicare Advantage plans
5.4 Part D: Prescription Drug plans
6 Out-of-pocket costs
6.1 Premiums
6.2 Deductible and Coinsurance
7 Payment for services
7.1 Reimbursement for Part A services
7.2 Reimbursement for Part B services
7.2.1 Office medication reimbursement
8 Criticism
9 Legislation and......

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Title: Insurance
Approximate Word Count: 3080
Approximate Pages: 13 (250 words per double-spaced page)

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