58th Anniversary of Medicare and Medicaid

58^th Anniversary of Medicare and Medicaid

On July 30, 1965, legislation that established Medicare and Medicaid was signed into law by President Lyndon B. Johnson. These programs have protected and saved the lives of seniors and people with disabilities for nearly six decades. This year, labor unions across the nation have organized events in celebration of Medicare’s 58^th anniversary to shine light on the existential threat to Medicare posed by Medicare Advantage (MA) plans.

Despite prior authorizations, delays, and high, unjustified denial rates, Medicare Advantage plans are growing in popularity due to their low premiums. MA insurers profit…