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Millions of Americans won't have health insurance next year

Photo: Karen Bleier / AFP via Getty Images

Come 2019, 6.4 million fewer Americans are expected to have health insurance as a result of the GOP's decision to get rid of the individual health care mandate and other policy changes made by President Trump, according to a new report released by the Urban Institute. Another 2.5 million people, who would otherwise have been insured, are expected to opt for short-term policies instead.

Why it matters: The report is the first serious study to analyze the combined effects of several major health policy changes made under the Trump administration. Note that the effect is far off from what we'd see under a full repeal of the Affordable Care Act, but represents the real-world significance of the pieces they were able to kill.

Go deeper

Fadel Allassan
7 mins ago - Health

Health care workers feel stress, burnout more than a year into the pandemic

Photo: Steve Pfost/Newsday RM via Getty Images

More than a year into the coronavirus pandemic, some 3 in 10 health care professionals say they've considered leaving the profession, citing burnout and stress, a Washington Post-Kaiser Family Foundation poll out Thursday indicates.

Why it matters: Studies throughout the pandemic have indicated rising rates of depression and trauma among health care workers, group that is no longer seeing the same public displays of gratitude as during the onset of the pandemic.

Go deeper (1 min. read)Arrow
Zachary Basu, Dave Lawler
7 mins ago - World

Russia announces end to massive troop buildup near Ukraine

Russia's Defense Minister Sergei Shoigu (L) with President Vladimir Putin. Photo: Mikhail Svetlov/Getty Images

Russia's defense minister said Thursday that massive military exercises near the border with Ukraine had been completed, and that he had ordered troops to return to their permanent bases by May 1, according to state media.

Why it matters: Tens of thousands of troops and heavy military equipment had been moved to the border of eastern Ukraine and the annexed territory of Crimea over the last month, sparking fears of a potential Russian invasion.

Go deeper (1 min. read)Arrow
Dion Rabouin, author of Markets
48 mins ago - Economy & Business

Stock buybacks are kicking back into high gear

Illustration: Aïda Amer/Axios

It was expected that with the economy improving and company balance sheets already loaded with cash, U.S. firms would slow down their debt issuance in 2021 after setting records in 2020. But just the opposite has happened.

Why it matters: Companies generally issue bonds for one of two reasons — because they're worried about not having enough cash to cover their expenses or because they want to lever up and make risky bets.

Go deeper (1 min. read)Arrow