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Amy Finkelstein
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The benefit of Medicaid coverage received by a newly insured adult is less than half what that coverage costs taxpayers, which is about $5,500 a year.
Low-income adults would benefit more from a dollar in cash than a dollar of government spending on health insurance.
Investing $5,500 per person to expand Medicaid coverage only delivers $2,200 worth of benefits that recipients were previously ineligible for.
sources
Why Cash is Better Than Expanded Health Insurance For the Poor
reports
Basic Income
tags
Streamlining
Stability
Welfare
Efficiency
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