Practically 27 million Americans misplaced their job-primarily based totally mostly effectively being insurance protection in pandemic, peek presentations



IMAGE: Successfully being Insurance Protection Earlier than and After Job Loss Amongst Other folks in a Family Experiencing Job Loss as of May maybe unbiased 2, 2020, courtesy kff.org

An estimated 27 million Americans could well maybe even have misplaced employer-primarily based totally mostly effectively being insurance protection due to of pandemic layoffs, in accordance to a Kaiser Family Foundation account released Wednesday.

From CNN:

No longer all of those of us will be left uninsured, on the opposite hand. Some 12.7 million shall be eligible for Medicaid and any other 8.4 million could well maybe also qualify for subsidies to consume protection on the Practical Care Act exchanges — although Kaiser notes they’d resolve on to register for that protection.

Nonetheless that could well maybe quiet leave about 5.7 million of us that could well maybe resolve on to shoulder the total value of fresh insurance policies, which can also uncover too dear for newly unemployed of us. They could well maybe proceed their employer protection by approach to COBRA, but would resolve on to pay the total top price, which totals $7,188 for a single particular person and $20,576 for a family of 4, on average — striking that community at threat for turning into uninsured.

The account is the most fresh in a series of dire projections of how the steep financial downturn has likely left millions of of us without employer-primarily based totally mostly insurance policies, which quilt roughly 153 million non-aged workers and their dependents.

READ MORE:

• Practically 27 million Americans could well maybe even have misplaced job-primarily based totally mostly effectively being insurance protection, peek presentations


[Tami Luhby, CNN, 8:26 AM ET, Wed May 13, 2020]

• Eligibility for ACA Successfully being Protection Following Job Loss


[KAISER FAMILY FOUNDATION, Rachel Garfield, Gary Claxton, Anthony Damico, and Larry Levitt, Published: May 13, 2020]

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