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Medicare

Medicare at 50 years: Popular, but needs bolstering

This year is the golden anniversary of Medicare, the U.S. government's sprawling health care initiative, which President Lyndon Johnson signed into law in 1965. Today, Medicare covers more than 55 million people, including 9 million beneficiaries who are under age 65 and permanently disabled. Here are the basics on this popular program: If you are an American citizen or a legal resident in the United States for at least five years, you are eligible for Medicare when you or your spouse turn 65 and have paid a payroll tax for at least 10 years. You must officially enroll in the program, unless you already receive Social Security, in which case you are automatically enrolled. If you or...

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