As Unemployment Skyrockets, KFF Estimates More than 20 Million People Losing Job-Based Health Coverage Will Become Eligible for ACA Coverage through Medicaid or Marketplace Tax Credits
KFF May 13, 2020
Nearly Six Million Are Not Eligible and Will Have to Pay the Full Cost of Coverage, and Many Could End Up Uninsured
Coverage Losses Will Affect At Least a Million Residents in Each of Eight States: California, Texas, Pennsylvania, New York, Georgia, Florida, Michigan and Ohio
With more than 31 million workers filing unemployment claims between March 1 and May 2 as the coronavirus crisis hit the nation’s economy, a new KFF analysis estimates 26.8 million people across the country would become uninsured due to loss of job-based health coverage if they don’t sign up for other coverage.
While most are eligible for coverage under the Affordable Care Act (ACA), not all will take it up. In addition, 5.7...