As uninsured figures reach record lows, the expiration of pandemic policies is now looming. Health insurance experts are wondering if the massive gains in reducing the number of uninsured people there are living in the country will be lost as pandemic policies start coming to an end. The uninsured rate has dipped to yet a new low, having reached approximately 8 percent of the population. Some of that considerable achievement is the result of the policies put into place as a result of the pandemic. The government launched a range…
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2 in 3 Americans don’t understand health insurance options if they lose coverage
New research shows that 68 percent don’t know what they could do if their plan wasn’t available. The majority of Americans don’t know what health insurance options are available to them in the incident that they lose their existing coverage. This is a troubling statistic as this scenario is currently an unfortunate reality for millions of Americans. Layoffs resulting from the pandemic have left many people without their employer sponsored health plans. Regardless, only just under 1 in 3 people know the options available to them. The healthinsurance.com survey determined…
Read MoreMillions of Americans are losing employer sponsored health insurance plans
As workers across the country have been laid off, they’ve also been losing their medical coverage. Employees across the country who had been enjoying employer sponsored health insurance are suddenly finding themselves without a plan as the coronavirus causes millions of layoffs. In many states, the rates of uninsured residents are jumping from single to double digits. As though losing a job wasn’t enough as pandemic prevention efforts continue to hold in place, many Americans who had been covered through employer sponsored health insurance are losing their coverage, too. This…
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