Early Medicaid Expansion Related To Reduced Payday Borrowing In California

Early Medicaid Expansion Related To Reduced Payday Borrowing In California

We examined the effect of California’s Medicaid that is early expansion the low-cost Care Act in the utilization of payday loans, a type of high-interest borrowing utilized by low- and middle-income People in america.

utilizing an information set for the time scale 2009–13 (approximately twenty-four months before and twenty-four months following the 2011–12 Medicaid expansion) that covered the universe of payday advances from five big payday loan providers with areas across the united states of america, we utilized a difference-in-differences research design to evaluate the result regarding the expansion on payday borrowing, comparing styles in early-expansion counties in Ca to those in counties nationwide that failed to expand early. (more…)

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