Medicare is a government-run health insurance program that provides health coverage to individuals who are either disabled, or who are 65 years of age or older. Medicare is run by the Centers for Medicare and Medicaid (CMS), an agency that is part of the federal government under the Department of Health and Human Services. CMS was created by the signing of Medicare legislation on July 30, 1965 by President Lyndon B. Johnson, and was formally known by its current name in 1977.
Today, CMS provides health coverage for 100 million beneficiaries through its three insurance programs. CMS annually appropriates over $500 million in taxes into its accounts to pay for the coverage that its citizens need. CMS maintains headquarters in Baltimore, Maryland and Washington, D.C. with regional field offices in ten locations across all segments of the country.
CMS employs a workforce of over 4,000 individuals to continue its mission of improving health care in the country and ensuring coverage for all who need it. Most are employed at the Baltimore headquarters, a state-of-the-art building that was completely renovated in 1995, with the other employees positioned throughout the nation to better serve its clients. Government benefits at CMS are extensive and include complete health coverage with government-subsidized premiums, thrift savings plans for investment income in addition to salary, flexible work schedule, and paid holidays.
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