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

Daeyong Lee

Economics Letters, 2019, vol. 181, issue C, 164-168

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.

Keywords: Medicaid; Household savings; Childless households; Asset-test; Affordable Care Act (search for similar items in EconPapers)
JEL-codes: D14 H51 I13 I18 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:181:y:2019:i:c:p:164-168

DOI: 10.1016/j.econlet.2019.05.029

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