Medicare And Medicaid Celebrates 50th Anniversary: What Has Changed?
(By – Ted Ranosa, Tech Times)
With national social insurance programs Medicare and Medicaid celebrating their 50th anniversary, the Centers for Medicare & Medicaid Services (CMS) has announced that there are now over 55 million people living in the United States covered by Medicare based on the latest enrollment numbers for each state. During its first full year of implementation in 1966, there were an estimated 19.1 million Americans covered by the program, but by 2012, the number of beneficiaries has reached 52 million. The latest enrollment numbers indicate an increase of about three million people in the past three years as the generation of Baby Boomers has begun to reach their retirement age. Read more…