Medicare in the United States

Photo by Towfiqu barbhuiya On Unsplash Since 1950 after former President Lyndon Johnson signed Medicare into law, it has been providing federal health insurance to Americans. Medicare has had a huge success in providing those in need over the age of 65 with affordable healthcare options. Though throughout the years of Medicare's business, there have been many debates on Medicare itself, like the funding required to keep it affordable. Funding is made possible due to "...general revenues, payroll, tax revenues, and premiums paid by beneficiaries..." ( Cubanski and Neuman ). There are currently four different plans for Medicare that cover different areas of aid, plan A, B, C & D. Recently, Joe Biden announced on Twitter for the first time in over a decade that the price for Medicare's plan B (Medical Coverage) price has gone down. This is a big relief after the prices have recently been going up for this Medicare plan. ...