Illustration: Sarah Grillo/Axios

The economic consequences of medical decisions can be enormous. One of the most financially momentous medical decisions that any doctor can make is to deny a woman an abortion.

Driving the news: A new NBER report looks at the difference in financial outcomes between women who narrowly qualified for abortions and those who narrowly didn't. The report finds "a large and persistent increase in financial distress" for the latter group.

Why it matters: It's estimated that roughly one out of every four American women will have an abortion during her reproductive years, but the procedure remains largely taboo.

A separate report from Rhia Ventures reveals just how much ignorance around the subject reigns:

  • 69% of women with health insurance currently do not know whether their coverage includes abortion.
  • Only 37% of benefits managers and human resource leaders interviewed for the Rhia report knew if their health plans covered abortion.

By the numbers: Women in the NBER study who were turned away from having an abortion were 81% more likely than their abortion-receiving counterparts to be evicted or declared bankrupt.

Of note: The NBER report was based on 1,000 women seeking abortions at 30 clinics in 21 states. Rhia based its research on different sources, including interviewing managers at 39 companies.

Go deeper: How many steps it takes to get an abortion in each state

Go deeper

Updated 51 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 31,092,895 — Total deaths: 961,301— Total recoveries: 21,274,210Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 6,812,470 — Total deaths: 199,517 — Total recoveries: 2,590,671 — Total tests: 95,108,559Map.
  3. Health: CDC updates guidances to say coronavirus can be spread through the air Nursing homes are evicting unwanted patients.
  4. Politics: Testing czar on Trump's CDC contradictions: "Everybody is right."
  5. Education: College students give failing grade on return to campus.
  6. Business: Unemployment concerns are growing.
  7. World: "The Wake-Up Call" warns the West about the consequences of mishandling a pandemic.
Ben Geman, author of Generate
1 hour ago - Energy & Environment

The climate stakes of the Supreme Court fight

Illustration: Aïda Amer/Axios

Ruth Bader Ginsburg's death and the battle over her vacant Supreme Court seat have real implications for energy and climate policy.

Why it matters: If President Trump replaces her, the court will likely become more skeptical of regulations that claim expansive federal power to regulate carbon under existing law, and perhaps new climate statutes as well.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

The tech war between the U.S. and China escalates

Illustration: Aïda Amer/Axios

Economic tension between the U.S. and China continues to escalate but is shifting in focus — away from the tit-for-tat trade war and toward a more direct confrontation over the future of technology at the heart of the conflict between the world's two largest economies.

Why it matters: The battle between the U.S. and China was always about tech supremacy and the direct confrontation could result in an accelerated splintering of global supply chains and a significant reduction of international commerce.