EconPapers    
Economics at your fingertips  
 

Losing public health insurance: TennCare reform and personal financial distress

Laura M. Argys, Andrew Friedson (), M. Melinda Pitts and Daniel Tello-Trillo

Journal of Public Economics, 2020, vol. 187, issue C

Abstract: A primary goal of health insurance is smoothing the financial risk associated with health shocks. We estimate the effect of exposure to health-insurance reform on individual-level financial well-being. Utilizing a plausibly exogenous shock to health insurance status resulting from a sudden disenrollment from Tennessee's Medicaid program in 2005, we find that the reform resulted in a 2.78 point decline in credit risk score for an individual in the median county in Tennessee. This study is the first examining the impact of losing any form of public assistance on personal financial well-being and our results inform ongoing discussions around Medicaid reform.

Keywords: Medicaid; Public assistance; Household finance; Debt; Bankruptcy (search for similar items in EconPapers)
JEL-codes: D14 H75 I13 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0047272720300669
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:pubeco:v:187:y:2020:i:c:s0047272720300669

DOI: 10.1016/j.jpubeco.2020.104202

Access Statistics for this article

Journal of Public Economics is currently edited by R. Boadway and J. Poterba

More articles in Journal of Public Economics from Elsevier
Bibliographic data for series maintained by Haili He ().

 
Page updated 2021-01-26
Handle: RePEc:eee:pubeco:v:187:y:2020:i:c:s0047272720300669