Paper cutout of family Proposedpolicy recommendations to mitigate the rise in uninsurance, includeexpanding Medicaid on a temporary or permanent basis andexpanding eligibility for subsidies for marketplace coverage.(Photo: Shutterstock)

As unemployment soars, an estimated 25 million to 43 millionpeople will lose their employer-sponsored health insurance coveragein the coming months, according to a new study. Before the COVID-19 pandemic, about160 million people nationwide under the age of 65 got their healthinsurance through their jobs.

Between March 15 and April 25, 30 million people filed forunemployment, and researchers from the nonprofit Urban Institute'sHealth Policy Center anticipate that number will only climb. Theresult? The newly unemployed are being left to scramble for healthinsurance coverage. The researchers estimate that 21 millionnow-jobless people will get health insurance coverage via Medicaid,10 million will gain coverage through the marketplace or otherprivate plan, and 12 million will become uninsured.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Jenna Greene

Jenna Greene is editor of The Litigation Daily and author of the "Daily Dicta" column. She is based in the San Francisco Bay Area and can be reached at [email protected].