A new study estimates that about 27 million people could lose their employer-sponsored health insurance in the middle of a pandemic due to job losses, though many will be able to find coverage elsewhere.
The analysis from the Kaiser Family Foundation finds that as of May 2, 26.8 million people could have lost their employer health insurance because either they or a family member lost their job and the health insurance that came with it. Of those, 79 percent of them will be eligible for government-subsidized coverage elsewhere, either through Medicaid or the Affordable Care Act marketplaces.
More than 31 million people have filed for unemployment in recent weeks due to staggering losses from the coronavirus-caused economic downturn.
Read more at The Hill.
{Matzav.com}
