Guaranteed Income Improves Physical & Psychological Health

Woman and baby lying on a bed with an illustration of an umbrella over them shielding them from rain

Key takeaways:

  • Guaranteed income did not cause people to leave the workforce, instead it led to shifts from unemployed to employed. This trend of maintained employment continued throughout the study. 
  • Recipients used the funds to manage risk by supporting themselves and their networks, particularly during the pandemic.
  • Prior to the pandemic, people who received monthly guaranteed income payments had improved psychological health and experienced less month-to-month income volatility.
  • Guaranteed income payments led to improved health prior to and during the pandemic. 
  • Guaranteed income led to increased self-determination and agency, as well as a higher capacity for risk-taking. 

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