Our research had not been in a position to straight connect specific insurance coverage status to payday borrowing.


Furthermore, although we discovered no proof of this, we’re able to maybe perhaps perhaps not rule out of the possibility that state- or county-level alterations in the legislation (or enforcement of laws) of pay day loans or any other industry modifications may have taken place in Ca when you look at the duration 2010–14. Nevertheless, the appropriateness was tested by us of y our approach in lot of methods. First, we stratified our models by age bracket (individuals more youthful or more than age sixty-five): Those in younger team could be beneficiaries regarding the Medicaid expansion, while those within the older team wouldn’t normally, simply because they could be qualified to receive Medicare. 2nd, we examined just just how alterations in payday financing diverse utilizing the share of uninsured individuals within the county before expansion: we might expect you’ll find a better lowering of payday financing in areas with greater stocks compared to areas with reduced shares. (more…)