Juluy 28, 2015
By Mary Kuhlman,
A new report released by the Georgetown University Center for Children and Families for Medicaid’s 50th birthday analyzes the lifelong benefits the program has provide to its Illinois’s most vulnerable children. According to the Georgetown report, adults who have benefited from Medicaid not only grow up healthier, but also achieve greater academic and financial success.
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The study compiles research gathered over the last several years on individuals who received Medicaid as children in the 1980s and 90s. Report co-author Joan Alker, executive director of the Georgetown University Center for Children and Families, says there’s a positive economic impact.
“Some studies are now finding that children who received Medicaid actually pay more taxes as adults and use fewer government subsidies,” she says. “The government is getting a great return on investment by providing kids with Medicaid.” Alker adds the program has played a vital role in reducing the uninsured rate for children, dropping it to about seven percent in 2013, down from 12 percent in 1987.
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