As Unemployment Surges, 43 Million People In US May Lose Health Insurance, Research Projects
- May 11, 2020
Newsweek (5/10, Lemon) reports that “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” by the Urban Institute’s Health Policy Center indicates. The research explained, “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 analysis indicates, based on a number of factors, “that 20 percent unemployment could potentially lead to 43 million people losing insurance through their employers,” and “under that scenario, the analysis projects that 12.1 million would not be able to access Medicaid or enroll in insurance through the ACA.”