September 2012 Cahaba GBA september-2012-medicare-a-2025

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Johnson signed the Medicare and Medicaid Act, also known as the Social Security Amendments of 1965, into law. It established Medicare, a health insurance program for the elderly, and Medicaid, a health insurance program for people with limited income.
8997, 79 Stat. 286, enacted July 30, 1965, was legislation in the United States whose most important provisions resulted in creation of two programs: Medicare and Medicaid. The legislation initially provided federal health insurance for the elderly (over 65) and for financially challenged families.
(The 2012 standard premium rate was $99.90.) The Part B deductible for 2013 is $147.00 for all Part B beneficiaries.
On July 1, 1966, Medicare becomes available following the signing of the Medicare Act into law by President Lyndon B. Johnson. The new law begins a revolution in health care, but its compromises result in a system that institutionalizes fee-for-service care.
The Medicare-Medicaid Data Match program (Medi-Medi program) enables program safeguard contractors (PSC) and participating State and Federal Government agencies to collaboratively analyze billing trends across the Medicare and Medicaid programs to identify potential fraud, waste, and abuse. Participation is optional.
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Medicare Eligibility by Birth Year Your Birth YearYour Medicare Eligibility Year 1966 2031 1967 2032 1968 2033 1969 203418 more rows
July 1, 1966 All qualifying persons age 65 and older are automatically covered under Part A. Coverage also begins for seniors who signed up for the voluntary medical insurance program (Part B). More than 19 million individuals age 65 and older enroll in Medicare.

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