Final answer:
John sells Medicare supplement policies that help cover healthcare expenses not included in the original Medicare plan, created under the Social Security Act of 1965. These supplemental plans address gaps in coverage, and Medicare itself has evolved over time, including the addition of a prescription drug benefit in 2003.
Step-by-step explanation:
John specializes in selling Medicare supplement policies, which cater to gaps in the original Medicare coverage. Enacted through the Social Security Act of 1965, Medicare stands as a major federal health insurance program in the United States, primarily assisting those over the age of 65 in accessing essential healthcare services.
While Medicare's launch was a significant advancement in health coverage, it did not fully cover all expenses related to healthcare. For example, the original Medicare program left out dental care, eyeglasses, most prescriptions, and various other important services and procedures. To address these gaps in coverage, Medicare supplement policies, also known as Medigap, were created, allowing individuals to better manage the costs of health services not covered by Medicare.
Over the years, Medicare has undergone several expansions and revisions, including the Medicare Prescription Drug and Modernization Act of 2003, which introduced a prescription drug benefit to help alleviate medication costs for the elderly and disabled.