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Sunday, May 10, 2020 8:26:58 PM
‘The next crisis’: Up to 43 million Americans could lose health insurance due to the pandemic
"As Coronavirus Deepens Inequality, Inequality Worsens Its Spread
"This is where Nick Hanauer comes back in
"Burying Supply-Side Once and for All"""
Published 5 hours ago on May 10, 2020
By Common Dreams - Commentary
Medicare for All advocates on Sunday pointed to the latest study on the looming health insurance crisis already becoming apparent amid the coronavirus pandemic, which has led to job losses for more than 33 million people in the past two months.
Because health insurance is tied to employment for about half the country—160 million people—as many as 43 million are expected to lose their health insurance due to the pandemic, according to a new report .. https://www.rwjf.org/en/library/research/2020/05/how-the-covid-19-recession-could-affect-health-insurance-coverage.html .. by the Robert Wood Johnson Foundation (RWJF) and the Urban Institute.
Analysts project that 43 million Americans could lose their insurance when the unemployment rate hits 20%. According to .. https://www.commondreams.org/news/2020/05/08/most-cataclysmic-jobs-report-our-lifetime-shows-us-unemployment-soaring-level-not .. the Department of Labor, the current unemployment rate is 14.7%. Some economists estimate that between 19% and 23.6% of Americans are actually out of a job, including those who lost their jobs in the last two weeks and those who have not filed for jobless claims.
[...]
Of the Americans who lose insurance due to layoffs or furloughs, RWJF and the Urban Institute, an estimated seven million will remain uninsured—unable to access healthcare through Medicaid or COBRA, the law which allows Americans to pay for the health insurance they had through their previous employer—which can cost hundreds of dollars per month for individual coverage.
With millions expected to join the more than 27 million Americans who were uninsured before the pandemic, the RWJF and the Urban Institute raised concerns that many will avoid medical attention if they begin showing symptoms of the coronavirus, raising the risk of spreading the illness in their communities and making it more difficult for the country as a whole to combat the pandemic.
https://www.rawstory.com/2020/05/the-next-crisis-up-to-43-million-americans-could-lose-health-insurance-due-to-the-pandemic/
See also:
Health insurance shouldn’t be tied to employment
.. with others ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155149092
12yearplan, There have been many minds driving the trend to more inequality and less mobility over the last 50 years. That's a good summary
article re those trends, and of course Trump is, as per his actions all his working life, screwing the ordinary guy further. Two recent ones
.. with others, including - Here’s the right lesson liberals should learn from Scandinavian ‘socialism’ ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150743282
"As Coronavirus Deepens Inequality, Inequality Worsens Its Spread
"This is where Nick Hanauer comes back in
"Burying Supply-Side Once and for All"""
Published 5 hours ago on May 10, 2020
By Common Dreams - Commentary
Medicare for All advocates on Sunday pointed to the latest study on the looming health insurance crisis already becoming apparent amid the coronavirus pandemic, which has led to job losses for more than 33 million people in the past two months.
Because health insurance is tied to employment for about half the country—160 million people—as many as 43 million are expected to lose their health insurance due to the pandemic, according to a new report .. https://www.rwjf.org/en/library/research/2020/05/how-the-covid-19-recession-could-affect-health-insurance-coverage.html .. by the Robert Wood Johnson Foundation (RWJF) and the Urban Institute.
Analysts project that 43 million Americans could lose their insurance when the unemployment rate hits 20%. According to .. https://www.commondreams.org/news/2020/05/08/most-cataclysmic-jobs-report-our-lifetime-shows-us-unemployment-soaring-level-not .. the Department of Labor, the current unemployment rate is 14.7%. Some economists estimate that between 19% and 23.6% of Americans are actually out of a job, including those who lost their jobs in the last two weeks and those who have not filed for jobless claims.
[...]
Of the Americans who lose insurance due to layoffs or furloughs, RWJF and the Urban Institute, an estimated seven million will remain uninsured—unable to access healthcare through Medicaid or COBRA, the law which allows Americans to pay for the health insurance they had through their previous employer—which can cost hundreds of dollars per month for individual coverage.
With millions expected to join the more than 27 million Americans who were uninsured before the pandemic, the RWJF and the Urban Institute raised concerns that many will avoid medical attention if they begin showing symptoms of the coronavirus, raising the risk of spreading the illness in their communities and making it more difficult for the country as a whole to combat the pandemic.
https://www.rawstory.com/2020/05/the-next-crisis-up-to-43-million-americans-could-lose-health-insurance-due-to-the-pandemic/
See also:
Health insurance shouldn’t be tied to employment
.. with others ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155149092
12yearplan, There have been many minds driving the trend to more inequality and less mobility over the last 50 years. That's a good summary
article re those trends, and of course Trump is, as per his actions all his working life, screwing the ordinary guy further. Two recent ones
.. with others, including - Here’s the right lesson liberals should learn from Scandinavian ‘socialism’ ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150743282
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
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