Historical Changes Essay

HCA-255 Health Policy and Economic Analysis Care

Historical Changes - Social Security

In 1965, the Johnson Administration passed Social Security Act Amendments also known as Medicare to cater to the medical needs of the elderly population of the United States of America. One of the reasons that Medicare grew in popularity was that healthcare costs increase significantly in older age and Medicare covered these costs of the elderly population. Private institutions providing healthcare services often offer them at higher prices, which majority of the elderly population cannot afford. Before Medicare, more than half of individuals aged 65 years or older had some kind of infirmary assurance.

Before medical care, there were federal-state...