Medicaid is not just important for providing access to health care. It also matters for inequality. People who lack access to health care are more likely to struggle to break cycles of poverty. As young people gain Medicaid early in life, they are more likely to see long-term benefits to their health and educational attainment. 3 Medicaid can even facilitate intergenerational mobility: because Medicaid is made more available to low-income pregnant women, their children enjoy better economic outcomes as adults.