Biden Admin’s Plea to Employers as 3.8 Million Americans Set to Lose Medicaid
The Biden administration wrote to companies on Thursday requesting they keep their employees insured as millions transition to Medicaid coverage.
During the COVID-19 pandemic, Medicaid coverage terminations were paused until March 31, 2023. Now, state Medicaid agencies are returning to regular operations, renewing coverage for eligible individuals and terminating it for those who no longer qualify.
Due to this transition, around 3.8 million individuals are projected to lose Medicaid eligibility and may need to seek alternative coverage, with employment-based coverage being a potential option.
Chiquita Brooks-LaSure, the administrator of the Centers for Medicare and Medicaid Services (CMS), sent a letter to employers on Thursday stating that individuals who have lost Medicaid coverage should have the opportunity to enroll in group health plans at any point in the next year through a special enrollment period….