Medicare started in 1965 after it was legislated as a Social Security program amendment. The Center for Medicare and Medicaid Services (The CMS) administers it for the Human Services department.
More than 43 million American citizens receive their medical insurance coverage from Medicare. A lot of them would otherwise not have medical insurance.
Even if the Medicare program is not quite perfect, millions of people rely on it to be sure of basic insurance at a relatively low cost. It doesn’t offer much in terms of preventive care. Dental care, vision care or an annual physical are not part of the Medicare program.
Payroll tax deductions of an amount of 2.9% of the wages pay the money Medicare works from. Half paid by the employee and the other half by the employer.
