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Meeting this need of the aged was given top priority by President Lyndon B. Johnson's Administration, and a year and a half after he took office this objective was achieved when a new program, Medicare, was established by the 1965 amendments to the social security program.
How Medicare Works. President Lyndon B. Johnson signs the Medicare bill in July 1965. Medicare became America's first federal health insurance program when it was signed into law on July 30, 1965. The program offers health insurance to seniors over the age of 65 regardless of their current health, medical history and income. President Lyndon B. Johnson presented the first Medicare card to former President Harry S. Truman, calling him the real daddy of Medicare [source: Updegrove].