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Fun and Fascinating Facts About Medicare
January 14, 2025: 5 Surprising Facts You Didn’t Know About Medicare
Welcome to today’s edition of our Medicare blog! While Medicare is a vital program for millions of Americans, it also has a fascinating history and unique quirks. Let’s explore 5 interesting facts about Medicare that might surprise you.
1. Medicare Was Signed Into Law by President Lyndon B. Johnson
On July 30, 1965, President Lyndon B. Johnson signed Medicare into law at the Harry S. Truman Library. Former President Truman was the first person to enroll in the program, symbolizing its importance in helping retirees manage healthcare costs.
2. Medicare Covers Over 65 Million People
As of 2025, more than 65 million Americans rely on Medicare for their health coverage. This includes seniors aged 65+ and younger individuals with disabilities or certain health conditions, such as End-Stage Renal Disease (ESRD).
3. Medicare Advantage Plans Have Grown in Popularity
In 2003, Congress introduced Medicare Advantage (Part C) to give beneficiaries more options. Today, nearly half of all Medicare enrollees choose a Medicare Advantage plan, drawn to the extra benefits like dental, vision, and fitness programs.
4. Preventive Services Are Free Under Medicare
Did you know that Medicare covers many preventive services at no cost to you? This includes flu shots, cancer screenings, and annual wellness visits. Taking advantage of these benefits can help you stay healthy and catch potential issues early.
5. Medicare Part D Was Introduced in 2006
Prescription drug coverage wasn’t part of Medicare when it started. Part D was introduced in 2006 to help cover the cost of medications. Today, it’s a vital component for millions managing chronic conditions or high drug costs.
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