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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.
During the Social Security program's start-up period between January 1937 and December 1939, the SSA only made one-time, lump-sum payments. According to SSA historians, Ernest Ackerman was the first recipient of Social Security benefits -- 17 cents, paid to him in January 1937. The first person to receive monthly benefits was Ida May Fuller from Vermont, who retired in November 1939 and started collecting benefits in January 1940 at age 65. In the three years that Fuller worked under the program, she contributed a total of $24.75.