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Medicare

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May 1, 2024 3 minute read

Medicare is a uniquely American health insurance system primarily designed to cover older adults and people with disabilities. It’s the largest health insurance program in the U.S. and is an important component of the American healthcare system. Medicare is often confused with Medicaid, another government health insurance program primarily designed for people with low-income and low-wealth. Unlike Medicaid, Medicare has income and workforce participation requirements.

Understanding Medicare

Medicare was signed into law by President Lyndon B. Johnson in 1965 and became operational the following year. Medicare offers health insurance to Americans aged 65 or older, a limited number of younger people with disabilities, and people with end-stage renal disease, Lou Gehrig’s disease, or ALS.

Medicare consists of four parts:

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Reading list

We've selected seven books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Medicare.
This official guide provides detailed information about all aspects of Medicare, including eligibility, benefits, and payment policies.
Provides a comprehensive analysis of Medicare and Medicaid, including their history, structure, and impact on the U.S. healthcare system.
Provides a political analysis of Medicare, examining the factors that have shaped its development and implementation.
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