More than 156M Americans depended on their employers for health insurance before the coronavirus pandemic. With almost 10M people filing new unemployment claims over the past two weeks, an estimated 3.5M workers likely lost their health insurance.
When unemployment rose by 1 percent during the recession, health care professionals assumed that meant 1 million more people applying for Medicaid, experts said. Because the passage of the Affordable Care Act in 2010 allowed states to expand Medicaid and cover more people, the number is expected to be much higher this time., however, will likely have a more difficult time paying for care because they don't have access to the same amount of federal money as those that did.
"More money is going to have to flow," said Andy Slavitt, who was head of the Centers for Medicare and Medicaid Services during the administration of former President Barack Obama."There was something that almost got into the third bill that would have created a recessionary bump in Medicaid when unemployment jumped. Republicans didn't want it, but it's a good addition.
Experts warn that something will have to be done or it could lead to shrinking coverage. States with tight budgets may begin to make difficult decisions about the amount of care they provide to people, especially if they run low on ventilators and intensive care beds.
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