Fierce Healthcare July 13, 2020
More than 10 million people could drop out of employer-sponsored health coverage by December thanks to job losses linked to COVID-19, a new report finds.
Researchers at the Urban Institute estimate 48 million non-elderly Americans live in a household that will experience some sort of job loss related to the coronavirus pandemic. Of those people, about one-fifth were covered by insurance through their employer, according to the report.
The report projects that most of these people will regain coverage, though 3.5 million will remain uninsured. About 3.3 million will be added to a family member’s policy, according to the report, while 2.8 million will enroll in Medicaid.
The remaining 600,000 will likely sign up for coverage through the Affordable Care...
Today's Sponsors
Today's Sponsor