What were the purposes of Medicare and Medicaid?

Medicare and Medicaid were established for the purpose of expanding access to healthcare for different segments of the American population, especially those who might not otherwise be able to afford the medical care they need.

Medicare is a federal program that was created in 1965 to provide health insurance to people 65 years of age and older, regardless of income or medical history. Over the years, it has expanded to cover younger people with certain disabilities and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant). The main goal of Medicare is to help these individuals cover many of their healthcare costs, although it does not cover all medical expenses or the cost of most long-term care.

Medicaid, also established in 1965, is a joint federal and state program that helps with medical costs for individuals and families with limited income and resources. Medicaid also offers benefits not normally covered by Medicare, like nursing home care and personal care services. The purpose of Medicaid is to provide a safety net for those who have insufficient or no health insurance. Medicaid eligibility and benefits can vary significantly from one state to another, as states have a certain degree of discretion in shaping their individual programs within federal guidelines.