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Obamacare plans are more affordable, helping the Great Resignation


Workers are quitting their jobs in record numbers – part of what is now called The Great Resignation. Around 4 millionWorkers quit between July and November 2021.

Erica Leman was a professional wedding photographer who had a side business for twelve years. Leman took the pandemic, like millions of Americans working in higher education as a sign that she needed to make a change.

“We’ve had one pandemic. How likely is it that this will happen again in my lifetime?” Leman agreed. Leman said, “The worst thing that could happen to me is that I return to my job.” This is not the end.

American workers who are becoming their own bossesAlthough they might be enjoying financial freedom, they are losing an important advantage: their access to health insurance benefits. More than 54%U.S. Census data shows that in 2020, a majority of Americans had coverage through their employers.

According to new research, 1 in 3 workers who are insured would leave their jobs if there was no health insurance. Policygenius’ November 2021 Health Insurance Literacy Survey. Myles Ma, Policygenius’ senior managing editor, stated: “The Great Receipt would be even bigger if it wasn’t for how our health insurance system was constituted.”

Leman was no exception to this anxiety. Health insurance is one reason she didn’t think about quitting her staff job, until very recently.

Obamacare is a popular choice for Americans looking to get health insurance. The Biden administration made this announcement amid a recent uptake in resignations. that sign upsIt reached an all time high of a record 62 in December 2021.

However, some Americans have difficulty navigating the exchanges and claim that they were unable to find an appropriate plan for their budget.

71% of Americans without insurance who chose not to purchase coverage through the market or from a private company said that they did so because the plan was too costly. according to a 2020 survey by the Commonwealth Fund.

Leman tried to look for a plan on the market, but found none that met her requirements. Leman stated that she was overwhelmed by the number of options available and felt like they were asking for too much money in return for very little support.

Karen Pollitz (senior fellow, Kaiser Family Foundation), stated: “There are substantial limitations in marketplace plan coverage you can’t see.” “The coverage [may be]It’s a significant departure from the job you were used to.

Although the Great Resignation was prompted by the pandemic it brought new legislation to make the cost of insurance more affordable. But only 30% of peopleYou may be eligible for financial assistance to help pay for your plans.

You can see the video to find out if Obamacare is able to help this large influx of Americans without insurance and what the Great Resignation could mean for health care coverage.