COVID-19FinancialHospitalsRegulatory

Obamacare’s health care protections face first true test in coronavirus crisis

April 5, 2020 / By Jacqueline Stenson

The Affordable Care Act turned 10 last month and is credited with helping 20 million more Americans get health insurance than before the law was enacted. But the coronavirus pandemic could be the first true test of how well “Obamacare” works at preventing significant coverage loss, experts say.

With unemployment skyrocketing across the country — a record 6.6 million Americans filed for unemployment last week — there’s a risk that some of the gains in insurance coverage could be lost.

The Economic Policy Institute, a nonprofit think tank in Washington, D.C., released a report Thursday estimating that as many as 3.5 million workers may have lost their employer-sponsored health insurance in the last two weeks because of layoffs.

Losing health insurance can be frightening at any time, let alone during a pandemic.

About half of Americans get their health insurance through their jobs, the group noted.

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Mike Adams

Mike Adams is a medical device sales leader with extensive clinical experience in spine and biologics and a nationwide distribution network built over the last 10+ years in the industry. He has held various leadership positions in healthcare and device including Distributor Partner, Hospital COO and Spine VP of Sales. He currently leads the commercialization strategy for OrthoSpine Partners and is a Distributor Principal at Novel Medical. Because of his unique career path, Mike has the ability to see the healthcare business from multiple perspectives making him passionate about building strategic partnerships that help reduce overall costs, drive innovation, and cultivate growth for new markets.

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