July 28, 2015
By Evan Hall,
Lyndon B. Johnson signed legislation that established Medicaid and Medicare on July 30, 1965. Coinciding with its 50th birthday, the Georgetown University Center for Children and Families has released a report showing that adults who benefited from Medicaid as children have lower blood pressure rates, hospitalizations, and emergency room visits.
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Report co-author Joan Alker, executive director with the Center for Children and Families, said the study also shows that kids who benefited from Medicaid have higher incomes later in life. She said it means they are less reliant on societal safety net programs and pay more in taxes – providing the government with a return on investment.
“The value of these studies is to actually look at the numbers,” she says. “What all of these studies show is that Medicaid is providing an incredibly valuable service to kids, and that the taxpayers are getting a great return on their investment.
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