Study: Expanded Medicaid Boosted Finances of Michigan’s Poor

Enrollment in Michigan’s expanded Medicaid program boosted the finances of many low-income residents as well as their health care status, according to a University of Michigan study released Monday. Among more than 655,000 residents who gained health coverage after the legislature approved the Healthy Michigan Plan in April 2014, many have experienced fewer debt problems and other financial issues than before enrollment, according to the analysis of thousands of enrollees’ financial records. The study found drops in unpaid debts, such as medical bills and overdrawn credit cards, as well as fewer bankruptcies and evictions after people enrolled in Healthy Michigan. (Karen Bouffard, The Detroit News)

       

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