Posted by Michael Wonder on 03 Jun 2020
COVID-19 and the US health insurance conundrum
3 June 2020 - The devastating effects of the COVID-19 pandemic go far beyond public health; with many industries on hold and unemployment increasing worldwide, the global economy is approaching the deepest recession in living memory.
In the USA, where health insurance is largely provided by employers and more than 30 million people have filed for unemployment in the past 2 months, such a recession could cause an unprecedented surge in uninsured or underinsured people.
Indeed, an analysis published on 4 May 2020, has estimated that if unemployment in the USA reaches 20%, 25–43 million people could lose their health insurance.
