Medicare, the health insurance program for the elderly, was created in 1965, and is a universal rather than means-tested program.

Name: Medicare, the health insurance program for the elderly, was created in 1965, and is a universal rather than means-tested program.
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Medicare is a universal health insurance program for people over the age of 65, regardless of income or assets. It is not means-tested, meaning that eligibility is not based on income or resources.

Medicare, the Health Insurance Program for the Elderly, Was Created