Fifty Years In, Medicare Has Transformed Health Care. What’s In Store For The Next Fifty?

"This year marks the fiftieth anniversary of the enactment of Medicare. Before President Johnson signed the program into law on July 30, 1965, fewer than half of Americans over the age of 65 had health insurance. In part, that was because so many had pre-existing conditions that precluded them from purchasing it. But even if they could, seniors regularly had to pay three to four times the premium of younger adults."

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