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Jim Cole/AP

A popular GOP idea — allowing insurers to charge older people more compared to Obamacare — would increase federal spending and lead to double-digit premium increases for older adults on the individual market, a new AARP-sponsored report finds. It'd also cause 18,000 to lose coverage.

Insurers have criticized Obamacare's rule that only allows plans to charge older people three times the amount they charge young people. They've recently been pushing to change the ratio from 3:1 to 5:1, and the House Energy and Commerce Committee held a hearing on a bill doing so last week.

Why this matters: The AARP is a powerful lobbying force. If it campaigns against raising the ratio, that could easily kill one of the main Obamacare replacement policies the GOP is currently putting forward.

Key findings:

  • Premiums for adults 60 and older would increase by 22 percent.
  • Premiums for adults 50-59 would increase by 13 percent.
  • Young adults 20-29 would see a 15 percent reduction in their premiums.
  • Enrollment would increase by only 2 percent.

Go deeper

1 hour ago - Health

Boris Johnson announces month-long COVID-19 lockdown in U.K.

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in the U.K., Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.

Updated 2 hours ago - Politics & Policy

The massive early vote

Illustration: Sarah Grillo/Axios

Early voting in the 2020 election across the U.S. on Saturday had already reached 65.5% of 2016's total turnout, according to state data compiled by the U.S. Elections Project.

Why it matters: The coronavirus pandemic and its resultant social-distancing measures prompted a massive uptick in both mail-in ballots and early voting nationwide, setting up an unprecedented and potentially tumultuous count in the hours and days after the polls close on Nov. 3.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat.
  2. World: Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Technology: Fully at-home rapid COVID test to move forward.
  5. States: New York rolls out new testing requirements for visitors.