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Medicare
[med-i-kair]
Medicare
/ ˈmɛdɪˌkɛə /
noun
(in the US) a federally sponsored health insurance programme for persons of 65 or older
(often not capital) (in Canada) a similar programme covering all citizens
(in Australia) a government-controlled general health-insurance scheme
Medicare
1A federal health insurance program, administered by the Social Security Administration, that provides health care for the aged.
Medicare
2A federal program providing medical care for the elderly. Established by a health insurance bill in 1965, as part of President Lyndon Johnson's Great Society, the Medicare program made a significant step for social welfare legislation and helped establish the growing population of the elderly as a pressure group. (See entitlements.)
Word History and Origins
Origin of Medicare1
Example Sentences
What’s more, a conversion might usher higher Medicare premiums, depending on their individual circumstances.
Blame medical inflation and more people in need of costly care for the 9.7% jump in Medicare Part B premiums next year.
An estimated 24.3 million Americans are insured through ACA plans and an estimated 92 percent receive some form of subsidy, according to the Centers for Medicare & Medicaid Services.
Wang reported personal fees from MITRE, a federally funded research and development center for the Centers for Medicare & Medicaid Services and personal fees from Cytel Inc during the conduct of the study.
Much of the universities’ work is supported by the government — $17 billion a year, including matching Medicaid and Medicare funding and student aid.
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