Is Poverty Among Older Americans Undercounted?
Posted on 05/24/2013 by Tamara Lytle | Washington Watch | Comments
Bulletin Today | Money & Savings | Personal Health | PoliticsPoverty levels are much higher for older Americans when you factor in how much they need to spend on health care, the Census Bureau has found. While 9 percent or so of all Americans 65 and older were below the official poverty threshold in 2011 ($10,788 for an individual), 15 percent were below an alternative threshold that takes into account spending on health care. The alternative measure also takes into account variations in the cost of living, taxes, whether a …
