Levy et al. find Michigan's Medicaid expansion boosted state's economy while increasing number of insured
"Medicaid expansion gives $2.3B boost to Michigan" - Detroit News. 1/4/2017.
An analysis of the impact of the Healthy Michigan Plan, supported by Federal funds expanding Medicaid under the ACA, finds that the Plan has had a positive economic ripple effect, generating new jobs, increasing personal spending and tax revenue, and saving money on other state-supported programs. The study, by Helen Levy and colleagues, looks at current and expected future benefits of the expansion. Levy says: “The Healthy Michigan Plan has not only covered more than 600,000 Michiganders – most of whom had been uninsured – it has also lightened the economic load on the state, on families and businesses, and on health care providers. Federal spending through Medicaid gives a big boost to the state’s economy.”
Additional Media Coverage:
"U-M study shows benefits of Michigan expanding Medicaid" - Detroit Free Press. 1/4/2017.
"Medicaid expansion creates 30,000 jobs, $2.3 billion in economic activity in Michigan" - Crain's Detroit Business. 1/4/2017.
"Medicaid expansion boosts Michigan's economy and will more than pay for itself, U-M study finds" - Yahoo News. 1/4/2017.
"New study says Healthy Michigan adds 30,000 jobs a year" - Michigan Radio. 1/4/2017.
"Michigan's Medicaid expansion boosts state economy by billions, study says" - MLive. 1/5/2017.