🌱 Medicaid for Children May Pay for Itself

Minneapolis Fed economist Andrew Goodman-Bacon recently dropped a stone-cold classic of the genre, examining how the rollout of Medicaid in the late 1960s affected people who were children at the time.

If you got health insurance through the program as a child, he found, you were less likely to die young; you were likelier to be employed and less likely to have a disability as an adult; and all these benefits actually wound up saving the government money.