Jun 14, 2018

Risk experts: Trump rules are raising premiums

Photo by: Jeff Greenberg/UIG via Getty Images

The American Academy of Actuaries reiterated yesterday what so many analyses have found: The Trump administration's regulatory moves on health care are contributing to rising premiums for ACA coverage.

Why it matters: New rules expanding access to sh0rt-term policies and association health plans could result in "market segmentation and adverse selection ... leading to higher premiums," the actuaries said.

  • And those effects "would be exacerbated given the elimination of the individual mandate penalty," they said.

Yes, but: Premium increases are a reflection of how a particular market performed relative to insurers' expectations. Some companies anticipated a lot of regulatory turmoil when they set their rates for this year; those plans may not need to raise their rates as much next year.

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What to watch in tonight's Democratic debate

Bernie Sanders at a campaign rally in Colorado. Photo: Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images

Bernie Sanders is now the clear front-runner for the Democratic presidential nomination, and his opponents are ready to try to knock him down at tonight's debate in Charleston, South Carolina β€” especially Michael Bloomberg, who was the punching bag at the Las Vegas debate.

Why it matters: This is the last debate before Super Tuesday, when Sanders is expected to win California and Texas and could secure an insurmountable lead for the Democratic nomination. That's a direct threat to the entire field, but especially to Bloomberg, who skipped the early states to focus on the March 3 contests.

Bob Iger to step down as CEO of Disney

Photo: Jeff Kravitz/FilmMagic

The Walt Disney Company said Tuesday that it had named longtime Disney executive Bob Chapek as CEO Bob Iger's successor, effectively immediately. Iger will remain executive chairman of the company through 2021.

Why it matters: Iger is credited with having successfully turned around Disney’s animation and studio businesses and with the strategic acquisition of Marvel, Pixar, Lucasfilm and 21st Century Fox. Most recently, he was the person behind Disney's successful launch of its Netflix rival Disney+.

Go deeperArrowUpdated 2 hours ago - Economy & Business