Definition
Indicates whether an individual is covered by government-sponsored health insurance programs, primarily Medicare (for seniors and certain disabled individuals) and Medicaid (for low-income individuals and families), but also TRICARE/VA.
Why It Matters
Indicates whether an individual is covered by government-sponsored health insurance programs, primarily Medicare (for seniors and certain disabled individuals) and Medicaid (for low-income individuals and families), but also TRICARE/VA.
Specific Relevance for Professionals:
Marketers
Relevant for healthcare providers and pharmaceutical companies targeting patients covered by Medicare or Medicaid. Also helps identify markets for supplemental insurance plans for seniors.
Researchers
Fundamental for studying access to healthcare for vulnerable populations, the effectiveness of public health insurance programs, and disparities in health outcomes related to public coverage.
Consultants
Crucial for advising hospitals, clinics, and pharmaceutical companies on serving patient populations with public coverage, or for assessing the impact of policy changes on these programs.
Public Policy Workers
Paramount for informing health policy, budgeting for Medicare and Medicaid, and ensuring equitable access to healthcare for seniors, low-income individuals, and other eligible populations.
