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Expand chart
Data: Bureau of Labor Statistics; Chart: Andrew Witherspoon/Axios

Millions of Americans lose their health insurance plans every month, by leaving the job through which they got that coverage.

Why it matters: Critics and skeptics of "Medicare for All" worry about eliminating people's existing coverage because most people are relatively satisfied with their employer-based plans. But millions of workers and their families already switch or lose their insurance from their jobs.

By the numbers: More than 66 million Americans voluntarily quit their jobs, were laid off, or otherwise separated from their employers in 2018, and that high turnover rate has continued into 2019, according to data from the Bureau of Labor Statistics.

Details: The BLS data does not measure whether separated jobs offered health insurance.

  • However, close to half of all private employers provide coverage to their workers, and more than 90% of companies with at least 100 employees offer health benefits.
  • It's therefore reasonable to estimate at least 2 million workers and their families lose or transfer to new commercial health plans every month.

The bottom line: Behavioral economics teaches that people don't like to lose what they have, a concept known as "loss aversion."

Go deeper:

Go deeper

America can't quit polarizing politicians

Expand chart
Data: NewsWhip; Chart: Kavya Beheraj/Axios

New data finds that the nation's most polarizing politicians are often the ones that garner the most attention online.

Why it matters: Online engagement helps politicians build a bigger national profile and more fundraising power, incentivizing them be more outrageous, more polarizing and more divisive.

Market bubble or bust, Big Tech wins

Illustration: Eniola Odetunde/Axios

With many bellwether tech stocks down more than 10% since the year's start, the industry is once again debating whether it faces a "big one" — a financial earthquake that will end a two-decade run of spectacular growth.

The big picture: Whether January's downs prove a turning point or just a minor "correction," tech's giants know that, either way, they'll come out on top.

Axios-Ipsos poll: Omicron's big numbers

Expand chart
Data: Axios/Ipsos poll; Chart: Kavya Beheraj/Axios

Two new Biden administration initiatives — mailing at-home COVID-19 tests to those who ask and making free N95 masks available — are hugely popular, each backed by 84% of Americans in the latest installment of the Axios/Ipsos Coronavirus Index.

Yes, but: Those who may need these most — the unvaccinated — are less likely to take advantage of the offerings, the survey found. And neither has boosted President Biden's numbers so far, meaning it's too little too late, or too soon to see a change.

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