Medicare Cutbacks
The connection between health insurance and financial stability may appear obvious to the average taxpayer, but to large law and owner makers, the query lacked sufficient proof to be used as support against Medicare cutbacks or within legislation.
Opponents argue that emergency or urgent care facilities, charities, and free clinics provide the same options as medical insurance or Medicare. They also argue that if everyone has access to health insurance, people will have trouble finding a doctor that accepts the coverage.
The Study
The new study, published recently by the National Bureau of Economic Research, randomly selected a group of people living in Oregon to have Medicare or not. That is, group was given Medicare and the other was not. Oregon was selected due to budget cutbacks. Researchers then questioned everyone in the study to see if having medical insurance made a difference.
The study showed that when poor people have medical insurance, they see the doctor. As a result, they feel better more often, are less depressed and more able to making a living for themselves. In effect, the study says that health care can lead to financial stability. The paper will likely be used to shape healthcare owner debates for years.
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