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Health insurance coverage among the elderly

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  • Wilcox-Gök, Virginia
  • Rubin, Jeffrey

Abstract

The research reported in this paper examines the decision to have private health insurance by elderly Medicare enrollees. Models allowing both stimultaneity and a joint error structure between health insurance and use of medical care are considered. We find that common unobserved variables underlying the joint errors are important determinants in the decision to purchase private health insurance. Simultaneity is present only between the decision to have private health insurance and the probability of visiting a doctor. Health status and functional limitations are important determinants of the decision to have private health insurance in addition to Medicare coverage. Other personal characteristics (age, sex, race and education), as well as household income, Medicaid enrollment, and the employment of a family member are also found to be related to the decision to have private health insurance.

Suggested Citation

  • Wilcox-Gök, Virginia & Rubin, Jeffrey, 1994. "Health insurance coverage among the elderly," Social Science & Medicine, Elsevier, vol. 38(11), pages 1521-1529, June.
  • Handle: RePEc:eee:socmed:v:38:y:1994:i:11:p:1521-1529
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    Cited by:

    1. Panos Kanavos & Marin Gemmill-Toyama, 2010. "Prescription drug coverage among elderly and disabled Americans: can Medicare—Part D reduce inequities in access?," International Journal of Health Economics and Management, Springer, vol. 10(3), pages 203-218, September.
    2. Partha Deb & Virginia Wilcox‐Gök & Ann Holmes & Jeffrey Rubin, 1996. "Choice of health insurance by families of the mentally ill," Health Economics, John Wiley & Sons, Ltd., vol. 5(1), pages 61-76, January.

    More about this item

    Keywords

    Medicare elderly health insurance;

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