Study Snapshot: Expanding Medicaid Boosts Individuals’ Personal Finances
This study snapshot outlines findings from Robert Wood Johnson Foundation-funded research on the effect of the Affordable Care Act Medicaid expansion on various personal financial measures.
Studies show that gaining Medicaid coverage improves health outcomes and access to health care. In a Robert Wood Johnson Foundation-funded study, Kyle J. Caswell, Ph.D., and Timothy A. Waidmann, Ph.D., at the Urban Institute examined the effect of the Affordable Care Act Medicaid expansion on various personal financial measures.
With data from one of the three major credit bureaus and using a triple-difference research design, the researchers compared 14 financial outcomes among consumers age 18 – 64 in expansion and non-expansion states during the period 2010 through 2015.
This project is funded as part of the Robert Wood Johnson Foundation’s solicitation, “Policy-Relevant Insurance Studies,” which is managed by AcademyHealth.