ABSTRACT

Health Insurance Options Following Loss of Employment [Updated May 4, 2020]   [open pdf - 417KB]

From the Document: "Many Americans have health insurance coverage that is provided through an employment setting. In light of the economic repercussions of the COVID-19 [coronavirus disease 2019] pandemic, many Americans may lose the jobs through which they receive health insurance. Such individuals may need to identify another source of health insurance to remain enrolled in plans that cover COVID-19-related services. Three potential comprehensive coverage options for these individuals include the Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation coverage, individual health insurance coverage, and Medicaid. An individual's eligibility for these coverage options depends on a number of factors (e.g., economic circumstances, family composition, federal/state policies). Even if an individual is eligible for such coverage, the costs associated with some options may be prohibitive given the individual's loss of income due to unemployment. This In Focus provides a brief overview of eligibility, benefits, and costs associated with these different health insurance coverage types."

Report Number:
CRS In Focus, IF11523
Author:
Publisher:
Date:
2020-05-04
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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