Jun 18, 2018 - Health

Minnesota may see ACA premiums drop

Photo: Karen Bleier/AFP/Getty Images

Insurers in Minnesota's individual market want to reduce their premiums next year by 7–12%, according to the Star Tribune.

Why it's happening: Minnesota is one of just three states — along with Alaska and Oregon — with federally approved reinsurance programs in place, though more are in the works.

  • Via the Star Tribune: "Jim McManus, a Blue Cross spokesman, said that were it not for the state’s reinsurance program, the carrier’s Blue Plus HMO would be seeking an average individual market premium increase of 4.8 percent as opposed to the 11.8 percent decrease" the state released Friday.

Meanwhile: Proposed rates in Michigan also aren't looking too bad, according to Crain's Detroit Business. The dominant insurer in the state, a Blues plan, is seeking an average 4.2% hike. (Michigan does not have a reinsurance program.)

  • Oscar has also announced that it plans to enter the markets in part of Michigan next year.

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Sara Fischer, Ashley Gold, Kyle Daly, Dan Primack
4 hours ago - Technology

Trump tightens screws on ByteDance to sell Tiktok

Illustration: Aïda Amer/Axios

President Trump added more pressure Friday night on China-based TikTok parent ByteDance to exit the U.S., ordering it to divest all assets related to the U.S. operation of TikTok within 90 days.

Between the lines: The order means ByteDance must be wholly disentangled from TikTok in the U.S. by November. Trump had previously ordered TikTok banned if ByteDance hadn't struck a deal within 45 days. The new order likely means ByteDance has just another 45 days after that to fully close the deal, one White House source told Axios.

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Axios
Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 21,056,850 — Total deaths: 762,293— Total recoveries: 13,100,902 — Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m ET: 5,306,215 — Total deaths: 168,334 — Total recoveries: 1,796,309 — Total tests: 65,676,624 — Map.
  3. Health: CDC: Survivors of COVID-19 have up to three months of immunity —Fauci believes normalcy will return by "the end of 2021" with vaccine — The pandemic's toll on mental health — FDA releases first-ever list of medical supplies in shortage.
  4. States: California passes 600,000 confirmed coronavirus cases.
  5. Cities: Coronavirus pandemic dims NYC's annual 9/11 Tribute in Light.
  6. Business: How small businesses got stiffed — Unemployment starts moving in the right direction.
  7. Politics: Biden signals fall strategy with new ads.
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Alexi McCammond
11 hours ago - Politics & Policy

Harris: "Women are going to be a priority" in Biden administration

Sen. Kamala Harris at an event in Wilmington, Del. Photo: Drew Angerer/Getty Images

In her first sit-down interview since being named Joe Biden's running mate, Sen. Kamala Harris talked about what she'll do to fight for women if elected VP, and how the Democrats are thinking about voter turnout strategies ahead of November.

What they're saying: "In a Biden-Harris administration women are going to be a priority, understanding that women have many priorities and all of them must be acknowledged," Harris told The 19th*'s Errin Haines-Whack.

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