Wednesday, April 22, 2015
Children’s Eligibility for Medicaid Pays Society Back in the Long Run
When there is a discussion on the advantages of government health care, the immediate health and economic rewards of providing the people a way to pay for their care is often talked about. Now, according to The New York Times, “a novel study presents another argument for the medical safety net, at least for children: Giving them health coverage may boost their future earnings for decades.” The taxes that are paid on higher incomes may help the government get back their money for some of its investment, meaning that the government also benefits from children’s eligibility for Medicaid. The study made use of available tax records that saw tax returns for nearly all children born in the United States from 1981 to 1984. Instead of looking at the immediate impact of Medicaid on these children, the study followed them as they became adults and began paying federal taxes.