Findings in the Area of CDC and FDA Reported from Congressional Budget Office (Health Insurance for People Younger Than Age 65: Expiration of Temporary Policies Projected To Reshuffle Coverage, 2023-33): CDC and FDA - Insurance News | InsuranceNewsNet

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August 31, 2023 Newswires
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Findings in the Area of CDC and FDA Reported from Congressional Budget Office (Health Insurance for People Younger Than Age 65: Expiration of Temporary Policies Projected To Reshuffle Coverage, 2023-33): CDC and FDA

CDC & FDA Daily

2023 AUG 31 (NewsRx) -- By a News Reporter-Staff News Editor at CDC & FDA Daily -- Current study results on CDC and FDA have been published. According to news originating from Washington, District of Columbia, by NewsRx correspondents, research stated, “The Congressional Budget Office estimates that in 2023, 248 million people in the US who are younger than age sixty-five have health insurance coverage (mostly through employment-based plans), and twenty-three million people, or 8.3 percent of that age group, are uninsured-with significant variations in coverage by income and, to a lesser extent, by race and ethnicity. The unprecedented low uninsurance rate is largely attributable to temporary policies that kept beneficiaries enrolled in Medicaid and enhanced the subsidies available through the health insurance Marketplaces during the COVID-19 pandemic.”

Our news journalists obtained a quote from the research from Congressional Budget Office, “As the continuous eligibility provisions unwind in 2023 and 2024, an estimated 9.3 million people in that age group will transition to other forms of coverage, and 6.2 million will become uninsured. If the enhanced subsidies expire after 2025, 4.9 million fewer people are estimated to enroll in Marketplace coverage, instead enrolling in unsubsidized nongroup or employment-based coverage or becoming uninsured.”

According to the news editors, the research concluded: “By 2033 the uninsurance rate is projected to be 10.1 percent, which is still below the 2019 rate of about 12 percent.”

This research has been peer-reviewed.

For more information on this research see: Health Insurance for People Younger Than Age 65: Expiration of Temporary Policies Projected To Reshuffle Coverage, 2023-33. Health Affairs, 2023;42(6):742-752. Health Affairs can be contacted at: Project Hope, 7500 Old Georgetown Rd, Ste 600, Bethesda, MD 20814-6133, USA.

The news correspondents report that additional information may be obtained from Alexandra Minicozzi, Congressional Budget Office, Washington, DC, United States. Additional authors for this research include Caroline Hanson, Claire Hou, Allison Percy and Emily Vreeland.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1377/hlthaff.2023.00325. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

(Our reports deliver fact-based news of research and discoveries from around the world.)

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