Conduction. 1  Conduction is the transfer of thermal energy through direct contact between particles of a substance, without moving the particles to a new location. 2  Usually occurs in solids. 3  When heat is supplied to one end, molecules at that end start to move more quickly.
Episcopalian ministers organized a similar fund a decade later. (The first insurance company in the American colonies was formed before this, in Charleston, S.C., in 1735, but it offered only fire insurance at first. It didnât add life insurance until 1760.). (AP Photo/Lefteris Pitarakis).
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].