43 Million Americans in Danger of Losing Health Insurance as a Result of Coronavirus Crisis, Study Shows

As many as 43 million Americans are in danger of losing their current health insurance as unemployment surges amid the novel coronavirus pandemic, a new study has shown.

The Urban Institute’s Health Policy Center, an economic and social policy think tank, published a study last week on how the economic recession caused by COVID-19 could affect the health insurance coverage of Americans. The analysis found that between 25 million and 43 million Americans are at risk of losing, or have already lost, their health insurance, which is often tied directly to an individual’s employer.

“Thirty million workers filed initial unemployment claims between March 15 and April 25. Near-term forecasts suggest the unemployment rate will likely be between 15 to 20 percent by June,” the research, which was supported by the Robert Wood Johnson Foundation, explained.

Although the analysis noted that some Americans would be able to apply for Medicaid in states that have expanded the Affordable Care Act (ACA), known commonly as Obamacare, while others would purchase other private insurance, it estimated that many would be unable to access coverage. The study went on to project how high the number of uninsured Americans will rise. (Read more from “43 Million Americans in Danger of Losing Health Insurance as a Result of Coronavirus Crisis, Study Shows” HERE)

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