Healthcare Finance News September 18, 2020
Health insurance losses could create lasting ripple effects in the healthcare industry, including decreases in hospital revenue and job losses.
At least five million Black and Hispanic people could lose their health insurance as a result of the pandemic, according to a new analysis from Avalere.
The healthcare consulting firm used insurance distribution rates by race prior to the pandemic and the Bureau of Labor Statistics’ February to April unemployment figures to estimate the number of individuals losing employment who may also be losing access to job-based health insurance coverage.
Before the pandemic, Black and Hispanic people were more likely to be covered by Medicaid or uninsured compared to their white counterparts. According to health insurance coverage statistics from 2018,...
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