When Medicare was created, it was intended to promote health services to eligible retirees aged 65 and older to help them with the medical care. The Medicare bill was signed by Lyndon B. Johnson, President of the United States, on July 30, 1965. The House and Congress enacted this plan on July 27 and 28, 1965. The policy of this bill The law has been in effect for almost a hundred years, which does not appear to be the case. President Teddy R. Roosevelt initially opposed the plan to integrate health services and combine this policy with the Social Security plan, but of course Congress rejected the proposed plan and rejected it . Later, almost more than a decade, President Truman made an almost similar proposal and turned it into a national health plan, but Congress once again ignored it without thinking. From then on, Dr. Thomas Parran, associated with public health services in 1937, developed a strategy to promote it only to retirees. This specific subject of Medicare, intended to best help the people of the citizens of the United States, has been an ongoing battle to establish a reformed service plan that can benefit the people. This essay discusses the difficulties of today's problems and the political and financial tensions that have existed for decades, and whether we can stay afloat in the face of the Medicare challenges facing our economy today and in the future. future. Say no to plagiarism. . Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay When you think of Medicare, you probably think of government disability assistance and the security of health insurance. You would be right, but are you ever thinking about the potential financial problems associated with government health care costs per American and the effects that Medicare will have on the future and current generation? Times are changing and people are living longer. It's true. So, looking ahead, this will cost the government in healthcare spending over the next 75 years an estimated $103.2 trillion. When premiums and tax costs are equalized, this will only cover $57.4 trillion. Sounds amazing, doesn't it? That means on the government's financial side, administrators say they're still strapped for cash. This poses a major problem when they don't even have the funds to help cover the costs paid by people who use Medicare government assistance. The government is already in a crisis with government funding now and in the future. . Let's look at the problems we face today. The current government is paralyzed due to a political debate over the cost of the wall to remove immigrants from Mexico and not over Pan American jurisdiction. As we face issues related to our own financial obligations to care for the health of our population, do you think the cost of a wall will help reduce or eliminate our government spending on health care? ? No. We are spending too much government money on crazy costs, which is hurting the economy. For 1990, the Medicare and Social Security bracket accounted for 28 percent of federal spending. According to the Obama administration's forecast, in 2019 this increase will reach a staggering 40%. With government spending nearly doubling for 2019, this will force Americans to raise taxes, increase budget deficits oreliminate or remove programs (Samuel, 06/01/2009). With federal spending in 3016 and 2026, it will increase from $3.9 trillion to $6.4 trillion. Along with Social Security and other popular health care programs, this will offset about 60 percent of the $2.5 trillion increase in spending, and if some programs require interest included in the cost of the debt then this will offset this 78.3 percent for the federal aging program. When the form of the bill came into effect in 1965, it was unclear what would happen. At that time, the Vietnam War was not really chaotic, and it was still in a boom period. What followed was known as the “baby boom” era. The government did not anticipate an increase in population due to the state of war, but this posed problems for the potential outcomes of Medicare coverage for retirees or the disabled. Much of the care provided to Medicare patients dates from the “baby boom” era, and they are living longer than expected life expectancy. Around 1995, the government was concerned about the era of baby boomers reaching retirement age. The government was stuck trying to come up with a way to ensure that the budget for the future would be taken care of, but there was no way to help change Medicare's spending patterns. The average life expectancy of individuals was 70.2 years, but it increased to 79.4 years four years ago. Average life expectancy is predicted to reach 80.7 years by 2030. This shows that people are taking more interest in their health and lifestyle choices and ensuring they are treated accordingly. Another thing that has had a huge impact on the health of Americans is that insurance companies have taken on the cost of preventive care and provide medical coverage to create and establish a healthier lifestyle (Moffit, 2016) . In the political debate, politicians will make a statement that people will always be protected through government services provided by Medicare. This is not a promise or guarantee set in stone that you will always receive this benefit for true coverage. Medicare Part A services are the basic plan of hospital and physician services. These services are not set aside as a trust, but as a funding account to help pay for hospital and medical services provided to the patient. Today, we don't have the funds the government promised to people covered by Medicare. According to administrators, the HI fund never fulfilled the obligations promised by the government. So this tells us that every hard-working American is having taxes taken away to help pay the costs of current Medicare holders. By 2026, it will no longer have the funds to repay or the debts to pay. One of the major concerns about the growth and expansion of financial assistance funding for people on Medicare is that the increasing population is not seeking work. This means that the aging population is not working and will not pay taxes to fund Medicare. This has now become a congressional issue that politicians and the President of the United States must take control of now and meet the obligations they face. Another conflicting situation that occurs not only because of the decline of the workforce in the future on young people. Americans' unemployment is due to the declining birth rate, also known as the fertility rate, of the population. In the 1930s it was 2.3 and in 1957 we.