Various studies continue to show that Medicaid is one of the most effective strategies for fighting poverty. Some of the findings include:
- Medicaid had a larger effect on child poverty than all non-health means tested benefits combined. It is estimated to reduce child poverty by 5.3 percentage points.
- Medicaid kept at least 2.6 million individuals out of poverty in 2010, making it the third largest anti-poverty strategy in the country behind the EITC and SNAP.
- Health insurance benefits are important to families who receive them. Medicaid reduced poverty among its beneficiaries by 17.1 percentage points. This is higher than other types of insurance: Employer Sponsored Insurance reduced poverty by 5 percentage points for those it covered and premium subsidies reduced poverty by 6.6 percentage points for those it covered.