Jul 7, 2017

Blue Cross Blue Shield of Georgia wants big ACA rate hike

David Goldman / AP

Blue Cross Blue Shield of Georgia could increase premiums for its Affordable Care Act plans by more than 40% next year, and that's assuming the law's cost-sharing subsidies for low-income people will be funded. The company predicts more of its ACA members will get care and that the costs of services and drugs will go up a lot — a much different stance from its Blues neighbor in North Carolina.

Why it matters: The company is a subsidiary of Anthem, a major ACA player, and it's in the home state of Health and Human Services secretary and ACA critic Tom Price. But keep in mind: These are still preliminary rates.

Go deeper: Blue Cross Blue Shield of Georgia covered 308,000 people in the ACA's individual market as of March 31, and that market was actually quite profitable. Just two-thirds of ACA premiums went toward medical care in the first quarter, according to financial documents.

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Pelosi warns U.S. allies against working with China's Huawei

Nancy Pelosi on Feb. 16. Photo: Sven Hoppe/picture alliance via Getty Images

House Speaker Nancy Pelosi on Sunday cautioned U.S. allies against allowing Chinese telecommunications giant Huawei to develop their 5G networks, arguing at the Munich Security Conference that doing so is akin to “choosing autocracy over democracy," CNBC reports.

Why it matters: Pelosi's hawkish stance marks a rare area of agreement with the Trump administration, which believes Huawei is a national security threat because the Chinese government may be capable of accessing its equipment for espionage.

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Judge sets "scheduling" conference call ahead of Roger Stone sentencing

Photo: Win McNamee/Getty Images

U.S. District Judge Amy Berman Jackson has requested a Feb. 18 "scheduling" conference call in the Roger Stone case, two days before the former Trump associate is set to be sentenced.

Why it matters: Stone's defense team on Friday filed a sealed motion for a new trial — the second time they've done so — amid allegations of juror bias and a growing controversy over Attorney General Bill Barr's intervention in the case.

Biden says Bloomberg's money can't "erase" his record

Photo: Alex Wong/Getty Images.

Former Vice President Joe Biden said on NBC's "Meet the Press" Sunday that Michael Bloomberg's vast fortune cannot "erase" his record, and that scrutiny of Bloomberg's positions on things like race and policing will ramp up now that he's in the national spotlight.

Why it matters: Biden's polling free fall in the wake of poor performances in Iowa and New Hampshire has coincided with a surge for Bloomberg, who appeals to a similar moderate bloc of the Democratic Party. The billionaire's limitless spending capacity poses an especially stark threat to Biden, who has struggled with fundraising.