HRPR 1001 Lecture Notes - Lecture 21: Quartile, Health Maintenance Organization, Social Security Disability Insurance
27 Mar 2016
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Document Summary
Medicare is the federal health insurance program created in 1965 for all people ages 65 and older, regardless of income or medical history, and expanded in 1972 to cover people under age 65 with permanent disabilities. Now covering 54 million americans, medicare plays a vital role in providing financial security to older people and those with disabilities. Medicare spending accounted for 14% of total federal spending in 2013 and 20% of national personal health spending in 2012. Most people ages 65 and older are entitled to medicare part a if they or their spouse are eligible for social security payments and have made payroll tax contributions for 10 or more years. Nonelderly people who receive social security disability insurance (ssdi) payments generally become eligible for medicare after a two-year waiting period, while those diagnosed with end-stage renal disease (esrd) and amyotrophic lateral sclerosis (als) become eligible for. Medicare has undergone numerous changes since its inception.
