New Insurance Study Findings Have Been Reported by Investigators at University of Laval (The Effect of the Affordable Care Act Medicaid Expansion On Consumer Bankruptcies): Insurance

Health Policy and Law Daily

2023 AUG 08 (NewsRx) -- By a News Reporter-Staff News Editor at Health Policy and Law Daily -- Current study results on Insurance have been published. According to news reporting originating from Quebec City, Canada, by NewsRx correspondents, research stated, “Medical expenses have been associated with a large proportion of consumer bankruptcies in the United States. The objective of this study is to examine the relationship between the Medicaid expansion implemented in the context of the Affordable Care Act and consumer bankruptcy, overall and by chapter filing.”

Financial support for this research came from Quebec Research Fund in Health.

Our news editors obtained a quote from the research from the University of Laval, “We used a longitudinal study design with a study period of 2008-2017. We tested three approaches: difference-in-differences, fixed effect panel linear regression, and triple difference. We constructed a panel dataset from 2008 to 2017 with states’ data using data from various sources on insurance, bankruptcy filings, and characteristics that may affect bankruptcy, such as income and ethnicity. The outcomes were the annual rates of consumer bankruptcies overall and by chapter at the state level. Between 2008 and 2017, the overall unadjusted bankruptcy filing rate fell from 0.36% to 0.24%. We found that the expansion was associated with a decrease in overall consumer bankruptcy varying between 0.035 and 0.039 percentage points and that the intensity of the effect was modulated by the intensity of the treatment.”

According to the news editors, the research concluded: “Results were consistent across models and suggest that the Medicaid expansion had a significant negative effect on overall bankruptcy filings and specifically on Chapter 7 filings.”

This research has been peer-reviewed.

For more information on this research see: The Effect of the Affordable Care Act Medicaid Expansion On Consumer Bankruptcies. Bulletin of Economic Research, 2023. Bulletin of Economic Research can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - http://www.wiley.com/; Bulletin of Economic Research - http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-8586)

The news editors report that additional information may be obtained by contacting Maude Laberge, University of Laval, Faculty of Administration, Dept. of Operations and Decision Systems, Quebec City, Pq, Canada.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1111/boer.12411. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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