In China, the problem of aging population has become more and more serious. The factors influencing life satisfaction of older people are becoming a significant issue. This study explores the effects of health insurance and physical exercise on life satisfaction of older people in China.
This study used an unbalanced panel dataset (
Life satisfaction of older people was positively associated with participation in health insurance (OR = 1.439) and physical exercise (OR = 1.033). Participation in government health insurance, urban employee health insurance (UEBMI), new rural cooperative health insurance (NRCMI), and other commercial health insurance all have positive effects on life satisfaction of older people. Physical exercise plays a masking role in the effect of health insurance on life satisfaction of older people.
Participation in health insurance and physical exercise are important means to promote life satisfaction among older people. Physical exercise affects the impact of health insurance on older people's life satisfaction.