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But it wasnât until 1965 â after legislation was signed by President Lyndon B Johnson â that Americans started receiving Medicare health coverage. Today, Medicare continues to provide health care for those in need. By the end of 2014, there were 49,435,610 people receiving health coverage through a Medicare program. Benefits paid in 2013 amounted to $583, which was about 14 percent of the federal budget.
A brief history of the program from Truman and LBJ to today. by Melissa Stanton, Updated July 2013 | Comments: 0. July 30, 1965: With former President Harry S. Truman at his side, President Lyndon B. Johnson signs the Medicare bill into law.â AP. En espanol | EspaÃ±ol On july, 30, 1965 at a public ceremony In, Independence., Mo President Lyndon Baines johnson Signed medicare into. lawresident Johnson signs the Medicare bill into law on July 30 as part of the Social Security Amendments of 1965. 1966: When Medicare services actually begin on July 1, more than 19 million Americans age 65 and older enroll in the program.