Fierce Health Payers November 11, 2020
More than 3 million adults have lost their employer-sponsored insurance plans during the COVID-19 pandemic, a sign that some providers could see changes in their payer mix.
The analysis, released Monday, was conducted by think tank the Urban Institute on behalf of the Robert Wood Johnson Foundation and finds that many of the losses in employer-sponsored plans were mostly offset by Medicaid, the Children’s Health Insurance Program and nongroup coverage.
“People experiencing layoffs are also losing their health insurance coverage at work, but the healthcare safety net strengthened by the [Affordable Care Act] has helped mitigate the impact of those coverage losses,” said Michael Karpman, a senior research associate with the institute, in a statement.
The analysis offers a clue...