Health Payer Intelligence August 22, 2019
– Between 2016 to 2017, 700,000 more individuals became uninsured, a recent study by the Robert Wood Johnson (RWJ) Foundation found. This rise in uninsurance comes at a time when the economy is thriving, incomes are rising, and employer-sponsored insurance rates are increasing.
“Losses of Medicaid/CHIP and private nongroup coverage increased uninsurance rates,” the report explained. “Medicaid/CHIP coverage losses likely reflect increasing incomes and more workers, as well as fewer new Medicaid expansion states than in prior years (only Louisiana newly expanded Medicaid over this period). Private nongroup coverage losses may reflect various factors, including reduced subsidies because of increasing incomes, higher premiums in the subsidized and non-subsidized nongroup markets, insurer market exits, and lower spending on...