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The Impact of Family Financial Support on Child Health

NCT ID: NCT02770144

Last Updated: 2017-10-26

Study Results

Results pending

The study team has not published outcome measurements, participant flow, or safety data for this trial yet. Check back later for updates.

Basic Information

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Recruitment Status

COMPLETED

Clinical Phase

NA

Total Enrollment

150 participants

Study Classification

INTERVENTIONAL

Study Start Date

2016-03-31

Study Completion Date

2017-10-31

Brief Summary

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The investigators have partnered with financial coaching organizations to establish what the investigators have termed a "Medical-Financial Partnership (MFP)" that offers financial coaching to improve financial and mental health.The investigators will evaluate the MFP's impact on child overall health rating.

Detailed Description

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Financial coaching is a new tool in the field of community development, but it has already demonstrated significant financial impact in a number of studies, including one randomized trial conducted by the Urban Institute. Financial coaching improves participant financial literacy, budgeting, saving for financial emergencies, and debt level. The investigators' project will help clinicians and the field of community economic development understand health and well-being through a new economic lens and assess the health-related impacts of the emerging field of financial coaching. The investigators have partnered with financial coaching organizations to establish what they have termed a "Medical-Financial Partnership (MFP)" that offers financial coaching to improve financial and mental health. The investigators will evaluate the MFP's impact on parent-rated child overall health on a 5 point likert scale (Excellent to Poor).

Community-based participants will be recruited from South Los Angeles and randomized to receive either monthly financial coaching plus access to referral for social services (intervention) or access to referral for social services alone (control). Inclusion criteria include having dependents under age 18, having some form of income, and having a tax identification number (social security number or Individual Tax Identification Number). Participants will be surveyed quarterly regarding their parent-rated child overall health on a 5 point likert scale (Excellent to Poor).

Conditions

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Child Overall Health Related Quality of Life

Keywords

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Child Quality of Life Financial Coaching Socioeconomic Status Social Determinants of Health

Study Design

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Allocation Method

RANDOMIZED

Intervention Model

PARALLEL

Primary Study Purpose

HEALTH_SERVICES_RESEARCH

Blinding Strategy

NONE

Study Groups

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Financial Coaching & Social Services Referral

Enrollment in one-to-one financial coaching intervention to support savings, income, and credit while reducing debt using available tools in the community development field.

Group Type EXPERIMENTAL

Financial Coaching

Intervention Type BEHAVIORAL

Enrollment in one-to-one financial coaching intervention to support savings, income, and credit while reducing debt using available tools in the community development field.

Access to Referral to Social Services

Intervention Type BEHAVIORAL

Access to Referrals to Social Services

Enrollment provides access to referrals to social services to meet basic needs.

Group Type ACTIVE_COMPARATOR

Access to Referral to Social Services

Intervention Type BEHAVIORAL

Interventions

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Financial Coaching

Enrollment in one-to-one financial coaching intervention to support savings, income, and credit while reducing debt using available tools in the community development field.

Intervention Type BEHAVIORAL

Access to Referral to Social Services

Intervention Type BEHAVIORAL

Eligibility Criteria

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Inclusion Criteria

* Participants will include caregivers and parents with one or more dependent children, some form of income, and a tax identification number.

Exclusion Criteria

* Inability to take part in financial coaching or primary language other than English or Spanish.
Eligible Sex

ALL

Accepts Healthy Volunteers

Yes

Sponsors

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University of California, Los Angeles

OTHER

Sponsor Role lead

Responsible Party

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Adam Schickedanz

Clinical Instructor in Pediatrics and Clinical Scholar

Responsibility Role PRINCIPAL_INVESTIGATOR

Principal Investigators

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Adam Schickedanz, MD

Role: PRINCIPAL_INVESTIGATOR

University of California, Los Angeles

Locations

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LIFT-LA

Los Angeles, California, United States

Site Status

Countries

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United States

Other Identifiers

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UCLASchickedanzFCCH

Identifier Type: -

Identifier Source: org_study_id