BETA
The gap in Original Medicare
Because Original Medicare has no annual limit on out-of-pocket spending, about 14 million Americans buy Medigap policies. These standardized private plans cover deductibles, copayments, and coinsurance, preventing unexpected medical bills.
Chapter 1
The birth of Original Medicare
Chapter 2
The rise of Medicare Advantage
Chapter 3
The battle of choices and prescriptions
Ch 1 · The birth of Original Medicare
hank Sort health benefits into the machine to discover how Medicare and Medicare Advantage differ.
hank Original Medicare Birth
At Truman's Library, in '65, President Johnson made health care thrive! Original Medicare, Part A and B, For all our seniors, finally free!
hank Part B covers outpatient services like doctor visits, preventive care, medical supplies, and ambulance services.
Fun Fact
First Medicare card: President Harry S. Truman received the first-ever Medicare card during the 1965 bill-signing ceremony in Independence, Missouri.
hank Part A covers inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care.
Glossary
medicare (noun)
A federal program that provides health insurance, especially for people sixty-five and older. President Lyndon B. Johnson signed the program into law alongside Harry S. Truman on July 30, 1965.
A federal program that provides health insurance, especially for people sixty-five and older. President Lyndon B. Johnson signed the program into law alongside Harry S. Truman on July 30, 1965.
Quiz
How many years of Medicare-taxed work generally qualify someone for premium-free Part A?