 Created under title 18 of The Social Security Act. › Signed in 1965 by President.  Believed Medicare was necessary for elderly people.  Benefits are available to all U.S residents. › Income levels do not have to be met to qualify.  Two parts to Medicare › Part A › Part B  Part A › Covers all hospital expenses  Part B › Provides standard Medical Care  Ex. Outpatient Surgery

 Change to Medicare › Medicare Modernization Act › Made by George W. Bush  December 8 th, 2003  Provided seniors prescription drug benefits and more choices in health care.

 Signed into law July 30 th, 1965  Available only: › Low income families/ individuals › Some elderly › disabled  Funded by the state and government  Not available in every state until 1982.

 Life is very unpredictable….  If you do not have health insurance and something bad happens you will have to pay the entire fee out of pocket.  46 million Americans do NOT have insurance. › Uninsured people receive less medical and timely care.  For example, if you have cancer, you are more likely to be diagnosed at a later time when treatment may not be successful.

 All must get insurance or have to pay $695 annual fee.  95% of Americans will be insured.  Illegal Immigrants are NOT allowed health insurance.  Young adults can stay on their parents plan until their 26 years old.

 Insurance more affordable by providing the largest tax cut for health care in history.  Budget and economy will be more stable  Closes the “donut hole” for senior citizens’ Medicare prescription drugs

 Voted no.  Believes its too costly  It will make insurance premiums go up instead of down. › making it harder to afford insurance

 Believes that health care will be more affordable  Affordable health care for everyone  Pre-existing conditions would be covered  A government run plan

 Increased premiums on health insurance  Fewer doctors › Fewer treatment options  Higher co-pays and deductibles