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Influence of Perceived Economic Well-being on Self-Rated Health Status of the Older Adults Aged 50 Years and above in India

Author Affiliations

  • 1 International Institute for Population Sciences (IIPS), Govandi Station Road, Deonar, Mumbai, 400088, Maharashtra, INDIA

Int. Res. J. Social Sci., Volume 4, Issue (4), Pages 34-42, April,14 (2015)

Abstract

The objective of this study was to examine therelationship of perceived economic well-being on self-rated health status among the older population aged 50 years and above in India. The study used the unit data from the Study on Global Ageing and Adult Health (SAGE): wave 1, 2007-2010 which was implemented in India. The study was carried out from a sample representation drawn from 7150 older adults aged 50 years and above in India. The findings showed that about 22. 4% of the older adults had poor self-rated health, 47. 1% had moderate self-rated health, and 30. 5% had good self-rated health. The bivariate results showed that the poor self-reported health was higher among those perceived lower economic well-being (having little/no money to meet needs). After adjusting for other socio-economic and the demographic characteristics, the perceived economic condition remained a significant predictor of the self-rated health of the older persons. The results found that those perceived of having little/no money [OR=0. 213, p=0. 000, 95% CI=0. 155-0. 292] and moderate money [OR= 0. 457, p=0. 000, 95% CI=0. 352-0. 595] to meet their needs were less likely to rate moderate or good health than those perceived of having completely/mostly money to meet their needs. The sudty found a positive and strongassociatiion of Perceived economic well-being and the self-reported health status among the older adults aged 50 years and above in India.

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