Jobs, and the health insurance tied to them, are evaporating. Photo: Angela Weiss/AFP via Getty Images

Roughly 27 million people have likely have lost job-based health coverage since the coronavirus shocked the economy, according to new estimates from the Kaiser Family Foundation.

Why it matters: Most of these people will be able sign up for other sources of coverage, but millions are still doomed to be uninsured in the midst of a pandemic.

By the numbers: For the 27 million people who are losing their job-based coverage, about 80% have other options, said Rachel Garfield, a health policy expert at the Kaiser Family Foundation and lead author of the report.

  • Roughly half are eligible for Medicaid or the Children's Health Insurance Program.
  • Another third are eligible for subsidized health plans on the Affordable Care Act's marketplaces.
  • The remaining 20% are pretty much out of luck because they live in a state that didn't expand Medicaid or are ineligible for other kinds of subsidized coverage.
  • House Speaker Nancy Pelosi's latest coronavirus relief bill would fully subsidize the cost of maintaining an employer plan through COBRA — an option that would otherwise be prohibitively expensive for many people. But that's a long way from becoming law.

The bottom line: The coronavirus is blowing up health insurance at a time when people need it most.

Go deeper

Aug 10, 2020 - Health

97,000 children test positive for coronavirus in two weeks

A boy has his temperature checked as he receives a free COVID-19 test in South Los Angeles in July. Photo: Mario Tama/Getty Images

At least 97,000 children tested positive for COVID-19 in the final two weeks of July and there's been an estimated 338,000 cases involving kids in the U.S. since the pandemic began, a new report finds.

Why it matters: The report from the American Academy of Pediatrics and the Children's Hospital Association comes as schools and day cares look to reopen in the U.S.

Updated 10 hours ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

The number of COVID-19 cases surpassed 20 million worldwide on Monday evening, Johns Hopkins data shows.

The big picture: World Health Organization chief Tedros Adhanom Ghebreyesus told a virtual press conference as the world approached the milestone that 750,000 deaths were set to be recorded this week. "Behind these statistics is a great deal of pain and suffering. Every life lost matters," he said. "But I want to be clear: there are green shoots of hope and... it's never too late to turn the outbreak around."

Aug 10, 2020 - World

Azar conveys Trump's "strong" support for Taiwan during historic visit

Secretary of Health and Human Services Alex Azar speaks as Taiwan's President Tsai Ing-wen looks on during his visit to the Presidential Office in Taipei on Monday. Photo: Pei Chen/Pool/AFP via Getty Images

Health and Human Services Secretary Alex Azar praised Taiwan during a visit Monday for being a "vital partner, a democratic success story, and a force for good in the world."

Why it matters: The highest-level visit by a U.S. cabinet official to Taiwan since 1979 shows the increasing importance of the island state, which China considers to be part of its territory. It comes at a time of heightened tension between the Trump administration and the Chinese government.