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Effects of the Medicaid expansion on low-income, childless household savings: Evidence from the Affordable Care Act

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  • Lee, Daeyong

Abstract

This article examines the effects of the Medicaid expansion on low-income, childless household savings. I exploit the structural changes in the Medicaid program by the Affordable Care Act, which extended the coverage to childless households and eliminated the asset-test for its eligibility. Analyzing the March Current Population Survey Supplement data, I find that the Medicaid expansion increased unearned income generated from savings for childless households with income below the 100% federal poverty level. However, the Medicaid expansion had no effects on earned or total income for those households.

Suggested Citation

  • Lee, Daeyong, 2019. "Effects of the Medicaid expansion on low-income, childless household savings: Evidence from the Affordable Care Act," Economics Letters, Elsevier, vol. 181(C), pages 164-168.
    • Handle: RePEc:eee:ecolet:v:181:y:2019:i:c:p:164-168
    DOI: 10.1016/j.econlet.2019.05.029
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    References listed on IDEAS

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    More about this item

    Keywords

    Medicaid; Household savings; Childless households; Asset-test; Affordable Care Act;
    All these keywords.

    JEL classification:

    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private

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