The Negative Impact Of Medicare On The Healthcare System

278 Words2 Pages
There are many different factors Medicare has impacted the healthcare system. For starters, when they started Medicare up in 1965 there were a lot of the elderly without insurance. Unfortunately, this was due to the cost of insurance, and the coverage. Which in fact, having no insurance left our elderly vulnerable to chronic illness and other illness that could have been avoided. “Since the amendment of Social Security created Medicare, in 1965 only about 1% of elderly Americans are without health insurance.”(Michael Lewis) Furthermore, “Medicare is the largest health insurance in the world.” (Michael Lewis) Which is how; Medicare is played a big part in the GDP. This helps the elderly to keep more of their money for other things
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