What is the source of Medicare, as established in 1965?

The correct answer is the Social Security Act, which established Medicare in 1965. The Social Security Act was a significant piece of legislation that aimed to provide a social safety net for older adults, specifically by introducing health insurance coverage for individuals aged 65 and older. This program was designed to help seniors manage the costs associated with healthcare, thereby improving their access to necessary medical services.

Medicare was implemented as part of the broader context of social welfare programs in the United States, stemming from the recognition that many older adults faced financial barriers to accessing healthcare. Under the provisions of the Social Security Act, Medicare established two main components: hospital insurance (Part A) and supplemental medical insurance (Part B), which together provided comprehensive health coverage for seniors.

The other options do not serve as the source of Medicare. The Federal Medicaid Program, though related, was established as a separate initiative to assist low-income individuals and families rather than specifically targeting those aged 65 and older. The Affordable Care Act, passed in 2010, made significant changes to the healthcare system but did not establish Medicare; instead, it aimed to expand access and reduce costs for many Americans. Private sector health plans provide insurance coverage but were not the foundation for Medicare, which was a government program