Senior Housing News
Thank you for reading the MtDemocrat.com digital edition. In order to continue reading this story please choose one of the following options.
If you are a current subscriber and wish to obtain access to MtDemocrat.com, please select the Subscriber Verification option below. If you already have a login, please select "Login" at the lower right corner of this box.
Special Introductory Offer
For a short time we will be offering a discount to those who call us in order to obtain access to MtDemocrat.com and start your print subscription. Our customer support team will be standing by Monday through Friday, 8am to 5pm to assist you.
If you are not a current subscriber and wish not to take advantage of our special introductory offer, please select the $12 monthly option below to obtain access to MtDemocrat.com and start your online subscription
Senior Housing News
The number of impoverished seniors is much higher than official U.S. Census poverty rates under a new supplemental measure that also considers regional differences in housing prices, care costs and state income distributions.
Only 9 percent of seniors live in poverty nationally, according to the Census Bureau’s official poverty measure. But that measure doesn’t take into account healthcare costs, the impact of taxes, government assistance programs and varying poverty standards based on geographic location, said the Kaiser Family Foundation.
In response to concerns about the official measure’s inaccuracy, the Census Bureau released an alternative “supplemental” poverty measure in 2011 that substantially increases the share of impoverished seniors to 15 percent nationwide. That increase, according to Kaiser, is largely due to the supplemental poverty measure’s consideration of healthcare costs.
The number of seniors living in poverty is higher in every single state using the supplemental measure versus the official measure, Kaiser found in its state-by-state analysis of senior poverty rates.
In 12 states, the number of impoverished seniors at least doubled the official rate.
California, Colorado, Connecticut, Hawaii and Massachusetts are among the states with the highest jumps in poverty rates under the supplemental measure, led by Washington, D.C. with 26 percent of seniors living in poverty.
“The difference between the official poverty measure and the supplemental poverty measure may vary geographically for several reasons, including state income distributions; differences in housing prices, which are factored into the supplemental poverty thresholds; variations in health utilization and costs, since medical expenses are deducted from income under the supplemental measure but not the official measure; and differences in the generosity of state Medicaid programs, which affects medical expenses,” Kaiser wrote.
With more seniors living in poverty using the alternative measure, proposals to achieve deficit reduction that relate to seniors will have a larger impact, and Medicare cost-sharing or scaling back Social Security benefits would likely contribute to higher poverty rates, according to Kaiser.