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MEDICAREB
Person's Medicare Part B premium
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Description

MEDICAREB represents the imputed amount, rounded to the nearest dollar, of a person's spending on Medicare Part B premiums. This variable, along with MOOP and SPMPREMIUM, are used to calculate an SPM Unit's total medical expenses (SPMMEDXPNS).

It is important for users to note that the Census Bureau does not collect the same detailed income and expenditure data for the ACS as it does for the Annual Social and Economic Supplement of the Current Population Survey (CPS ASEC). Many of the data points used to calculate the SPM have been imputed or estimated using values from the CPS ASEC. For detailed information about how the Census Bureau derived these measures, please refer to the Supplemental Poverty Measure using the American Community Survey working paper.