Happy Birthday Medicare & Medicaid! Here’s to Another 50 Years
Medicare and Medicaid celebrate an important milestone next week. July 30th is the 50th anniversary of President Lyndon B. Johnson signing legislation that established the Medicare and Medicaid programs. It may be hard to imagine today, but in 1965, about half of all older adults in the U.S. had no health insurance. Today, Medicare and Medicaid cover almost 1 in 3 Americans, providing needed services for over 100 million people.