Medicare

Medicare

The Social Security Act of 1965 was signed into law on July 30, 1965, by President Lyndon B. Johnson as amendments to existing Social Security legislation. This legislation established the Medicare program.

Medicare is a social insurance program administered by the United States government, providing health insurance coverage to people who are aged 65 and over; to those who are under 65 and are permanently physically disabled or who have a congenital physical disability; or to those who meet other special criteria. The "Original Medicare" plan, i.e. Medicare without Medicare Advantage added on, coverage extends to 80% of any given medical cost; the remaining 20% of cost must be paid either a Medicare Advantage plan, which is a "supplemental insurance" from a private health insurance company, or with out-of-pocket via the patient's own personal funds.

Cry Wolf Quotes

Will you resist the temptation to get a government handout for your community? Realize that the doctor's fight against socialized medicine is your fight. We can't socialize the doctors without socializing the patients. Recognize that government invasion of public power is eventually an assault upon your own business.

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Ronald Reagan
10/27/1964 | Full Details | Law(s): Medicare

[Write to your congressional representative against the health care reform proposal or] we will awake to find that we have socialism.

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From an AMA recording by Ronald Reagan, "Ronald Reagan Speaks Out Against Socialized Medicine."
01/01/1961 | Full Details | Law(s): Medicare

[Federal control of medicine would ] anesthetize [American Medicine] the proud symbol of our competitive system.

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AMA President Dr. George M. Fister.
11/27/1962 | Full Details | Law(s): Medicare

The doctor begins to lose freedoms; it’s like telling a lie, and one leads to another. First you decide that the doctor can have so many patients. They are equally divided among the various doctors by the government. But then the doctors aren’t equally divided geographically, so a doctor decides he wants to practice in one town and the government has to say to him you can’t live in that town, they already have enough doctors. You have to go someplace else. And from here it is only a short step to dictating where he will go.

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Ronald Reagan, 1961.
01/01/1961 | Full Details | Law(s): Medicare