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Expanding Health Coverage Provides Financial Protection Too
Center on Budget and Policy Priorities Link to more items from this source
Feb. 25, 2014
"As the share of Massachusetts residents with health coverage rose by about 7 percentage points, residents' credit scores improved, personal debt fell 22 percent on average, and the likelihood of bankruptcy fell 18 percent, after controlling for other personal and macroeconomic factors. The positive financial effects of health coverage were especially pronounced among residents who had lower credit scores prior to health reform, though residents across the income spectrum benefited."

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