Layoffs Cost Millions of American Health Insurance
July 15, 2020 – About 5.4 million Americans lost their health insurance after being laid off between February and May due to the coronavirus pandemic, according to a new study.
The number of adults who lost their coverage due to unemployment during these months is higher than ever lost insurance in a single year The New York Times reported.
Study by non-partisan consumer advocacy group Families USA found the increase in the number of uninsured laid-off workers during the study period to be almost 40% greater than the largest previous increase of 3.9 million, which occurred during the 2008-2009 recession
Almost half (46%) were in five states: California, Texas, Florida, New York and North Carolina, Time reported.
In the 13 states that did not extend Medicaid – including Texas, Florida, and North Carolina – 43% of laid-off workers became uninsured, almost double the rate of 23% in states that extended Medicaid.
“We knew these numbers would be important,” said Stan Dorn, one of the study authors and director of Families USA’s National Center for Coverage Innovation. Time. “This is the worst economic slowdown since World War II. It overshadows the Great Recession. So it’s not surprising that we are also witnessing the worst increase in uninsured people.”
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