Subsidized Health Insurance Marketplace Coverage Reduced Housing Insecurity By 25%

Among low-income households that lack access to employer plans, the rate of missed rent or mortgage payments was 25% lower among households that qualified for subsidized health insurance marketplace plans compared to households that did not qualify for subsidies. Those who received subsidies had reduced exposure to out-of-pocket (OOP) medical expenditure risk. For example, at the 90th percentile of the spending distribution, their OOP medical spending declined by $1,054 per eligible household.

These findings were reported in “The Effect Of Health Insurance On Home Payment Delinquency: Evidence From ACA Marketplace Subsidies” by Emily A. Gallagher, Radhakrishnan . . .