Has Biden Put America Into A Bear Market?
Millions Of Americans To Lose Medicaid Coverage
It has now been revealed that anywhere from 5-14 million Americans who obtained Medicaid during the COVID-19 pandemic could soon their coverage either this year or next year when the federal subsidies end.
According to USA Today, Kaiser Family Foundation found that 5-14 million Americans might soon lose their Medicaid coverage after states decide to roll back their coverages after the Biden administration announces that COVID-19 is no longer a public health emergency.
The U.S. Department of Health and Human Service has told states that they will notify them 60 days before ending the emergency so they can prepare to roll back Medicaid for millions of Americans.
Furthermore, after the emergency officially is declared over, states will have exactly one year to check the eligibility of all of their citizens and let them know that they no longer qualify.