Citing numerous studies, the piece argues that investments in social service programs, including supportive housing, can decrease the amount a society spends on healthcare. The article offers the latest example of an emerging consensus: that supportive housing is healthcare.
Supportive housing helps reduce healthcare costs, improves the quality of care for individuals on Medicaid and improves the overall health of these individuals.
On the cost-savings front, the authors lay out a clear argument on the benefits of supportive housing:
“New York Medicaid payments for nursing-facility stays are $217 per day, as compared with costs of $50 to $70 per day for supportive housing. Furthermore, preventing even a few inpatient hospitalizations, at $2,219 per day, could pay for many days of supportive housing […] Studies have shown that the costs of supportive housing are largely offset by resultant savings in services used, mostly from reduced use of the health care system. Some studies of high-risk patients have found that savings exceeded the costs of providing housing, thus yielding a net positive return on investment.”