The majority of accountholders contributed more than they withdrew, which helps to improve financial wellness and better prepare accountholders to weather unexpected medical costs.
Those are the key findings of a recent study I conducted with Myles Wagner, an economics Ph.D. student. We examined the subsidized health insurance program for low-income Massachusetts residents enacted in 2006 when Mitt Romney served as the state's governor. The Massachusetts program– dubbed RomneyCare– resembled the program created by the Affordable Care…
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