The Relationship Between Income and the Uninsured

Health Insurance Coverage and the Near Elderly, 1998

March 2000, Vol. 21, No. 3
Paperback, 12 pp.
PDF, 112 kb
Employee Benefit Research Institute, 2000

Download Notes PDF pdf

Executive Summary

The Relationship Between Income and the Uninsured—The relationship between income and
health insurance coverage is strong. In general, an individual's likelihood of having health insurance coverage increases with
income. According to U.S. Census Bureau estimates of the March 1999 Current Population Survey, 25.2 percent of individuals in
households with income of less than $25,000 were uninsured in 1998, compared with 8.3 percent of individuals in households with
income of $75,000 or more. Unfortunately, this finding masks two important facts relating to the definition of
"household composition" and "household income."

Health Insurance Coverage and the Near Elderly, 1998—The near elderly population, those
persons ages 55–64, consisted of 22.9 million Americans in 1998. Employee Benefit Research Institute estimates from the
March 1999 Current Population Survey reveal that, among the near elderly, 85.0 percent reported having some form of health care
coverage and 15.0 percent were uninsured during 1998.Among the near elderly with health insurance in 1998, 66.4 percent had
employment-based health coverage, while 8.6 percent of the near elderly were covered by an individually purchased health plan,
and 16.8 percent were covered by some type of public health insurance.