Medicare (United States)

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Medicare (United States)

Medicare (pronounced /ˈmɛdɪˌkɛər/) is a national health insurance program in the United States, begun in 1965 under the Social Security Act and now administered by the Centers for Medicare and Medicaid Services (CMS). It primarily provides health insurance for Americans aged 65 and older, but also for some younger people with disability status as determined by the Social Security Administration, as well as people with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease).

Etymology

The term "Medicare" was originally a compromise between "medic" and "care". The term was first used in 1965 to describe a program providing medical care for the elderly. It was part of the Social Security Act amendments of 1965.

Related Terms

  • Medicaid: A joint federal and state program that helps with medical costs for some people with limited income and resources.
  • Social Security Administration (SSA): An independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivors' benefits.
  • Centers for Medicare and Medicaid Services (CMS): The federal agency that runs the nation’s major healthcare programs. CMS oversees Medicare, Medicaid, the Children’s Health Insurance Program (CHIP), and the Health Insurance Marketplace.
  • Health Insurance Marketplace: A service that helps people shop for and enroll in affordable health insurance.

External links

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