Link: Giving Access to Free and Low-Cost Birth Control Saves the U.S. Government at Least $17 billion a Year

As the old saying goes: “An ounce of prevention is better than a pound of cure”. When it comes to contraceptives, that might be an understatement.

When women – Millennials especially – have access to affordable birth control, unplanned pregnancy rates plummet. You can talk about how millennials can save money or how to increase your income, but most of that pales in comparison to what it costs to raise a child.

According to one study, the government saves more than $7 for every dollar it spends on family planning. Extrapolating that out a few years to cover the drastically rising cost of healthcare and accounting for inflation, we find that in 2016, $17 billion was saved due to public family planning programs. – economicalmillennial

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