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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.
The beginning of Medicare coverage depends upon which period the person eligible for Medicare chooses to enroll in the plan. Initial Enrollment Period. The initial enrollment period for Medicare is during the 3 months before, and the three months after, the potential Medicare beneficiaryâs 65th birthday. The beginning date of the recipientâs Medicare coverage is determined by when, in this 7-month time frame, the eligible recipient enrolls in Medicare.