Millions will start losing Medicaid coverage as Covid safety net is dismantled

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Millions will start losing Medicaid coverage as Covid safety net is dismantled
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Medicaid will begin terminating coverage for millions of people as Covid safety net is dismantled

stand to lose coverage as the program returns to pre-pandemic eligibility requirements. Many of these individuals are expected toThe changes will disproportionately affect people of color and young people, according to HHS.

About 30% of those who could lose Medicaid coverage are Hispanic, and 15% are Black. At the same time, more than 5 million children and 4.7 million adults ages 18 to 34 mayAn estimated 2.7 million people who could lose Medicaid coverage should qualify for tax credits under the Obamacare health insurance marketplaces. About 62% of those people are expected to be eligible for plans with no premiums. Another 5 million people are expected to be able to get other forms of coverage, primarily through their employer.to help people transition to Obamacare marketplace insurance if they lose Medicaid between March 31, 2023 through July, 31, 2024.as their insurance marketplace.

HHS estimated in August 2022 that some 383,000 people who lose Medicaid as the pandemic expansion winds down will fall through a bureaucratic crack called the "coverage gap." This gap exists in 10 states that haven't expanded Medicaid to include people whose income is up to 138% higher than the federal poverty level. As a consequence, some people in those states who struggle to make ends meet still do not qualify for Medicaid because the income eligibility requirements are set so low. Some of these individuals also do not qualify for Obamacare tax credits, leaving them with no affordable health insurance options.

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