A Profile of Older Americans: 2004
Special Topic: Health Insurance Coverage
In 2003, almost all (96%) non-institutionalized persons 65+ were covered
by Medicare. Medicare covers mostly acute care services and requires
beneficiaries to pay part of the cost, leaving about half of health spending
to be covered by other sources. About 61% had some type of private health
insurance. Over 6.4% had military-based health insurance and 9% of the
non-institutionalized elderly were covered by Medicaid. Less than 1%
did not have coverage of some kind. Over 87% of non-institutionalized
Medicare beneficiaries in 2002 had some type of supplementary coverage.
However, among Medicare beneficiaries residing in nursing homes, almost
58% were covered by Medicaid in 2001.
Note: Figure 9 data is for the non-institutionalized elderly. A person
can be represented in more than one category.
(Source: "Income, Poverty,
and health Insurance Coverage in the United States: 2003," P60‑226,
issued August, 2003, based on data from Current Population Survey, Annual
Social and Economic Supplement , Bureau of the Census. Medicare beneficiary
data is from the Medicare Current Beneficiary Survey)
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Last Modified: 12/31/1600