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America Counts: Stories Behind the Numbers
Dual Health Insurance Coverage Declining For Adults Age 65 and Over
The percentage of adults age 65 and older covered by both private health insurance and Medicare decreased from 47.9% in 2017 to 39.6% in 2022, reflecting older adults? increased reliance on Medicare coverage alone.
Dual coverage rates decreased almost every year during that period, except from 2020 to 2021, while rates of Medicare coverage alone significantly increased during the same period, from 37.6% to 44.8%, according to a new analysis of data from the 2023 Current Population Survey Annual Social and Economic Supplement.
Much of the increase in the share of older adults relying solely on Medicare was driven by a drop in the share of those also receiving private coverage.
Continue reading to learn more about:
- Medicare coverage
- Changes in coverage by age
- Changes in coverage by employment status
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About 43 Million People in the U.S. Had Multiple Health Plans in 2021
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