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Unemployment's Impact on Uninsured and Medicaid
A one percent rise in the nation's unemployment rate is projected to increase the number of uninsured by 1.1 million and result in an additional 1 million (600,000 children and 400,000 adults) enrolling in Medicaid, increasing state Medicaid spending by $1.4 billion at time when their tax revenues would fall by 3 to 4 percent. |