Medicaid expansion tied to fewer financial troubles

New research finds that Medicaid expansion in Michigan was tied to significant improvements in financial well-being among people newly covered under the program. Researchers looked at credit reports and health care use among new Medicaid enrollees and found that enrollment was associated with fewer unpaid bills, including medical bills. It was also tied to fewer instances of spending over a credit card limit, evictions, and bankruptcies. The group that saw the biggest gains: people with greater medical needs, such as those with chronic illness.