why was medicare and medicaid created
President and Senior Agent, Outlook Life, Most of the U.S. Medicare was created to help pay for health costs for the aged population, because at that time, people over 65 were having a very difficult time finding health insurance.Medicaid was created to assist very low income people (especially children) with medical expenses.Both were signed into law in 1965.resident and Senior Agent, Outlook Life, Most of the U.S. Medicare was created to help pay for health costs for the aged population, because at that time, people over 65 were having a very difficult time finding health insurance.