Apr 13, 2017

Final Obamacare rule keeps Trump admin's market changes

AP file photo

The final version of the Trump administration's "market stabilization" rule is out, and it keeps most of the Obamacare changes the Department of Health and Human Services proposed in February — including more flexibility in the way insurers are allowed to calculate the value of their coverage. That's one of the most controversial changes, because liberal groups say it could expose people to more out-of-pocket costs — but HHS says it's necessary "to improve the health and competitiveness of the markets."

The highlights of the 139-page rule:

  • Gives insurers more flexibility in determining the "actuarial value" of their coverage.
  • Open enrollment for next year has been shortened to six weeks, instead of three months as in previous years. It will start on Nov. 1 and end on Dec. 15.
  • People who try to sign up outside of the regular enrollment season will have to prove they're eligible to do it.
  • People who owe premiums from previous years will have to pay them before they can sign up for new coverage. HHS hopes that will discourage people from dropping in and out of coverage.
  • States will be able to determine whether insurers have enough health care providers in their networks.

Key deadline: June 21. That's when insurers have to tell the government whether they'll participate in the federal Obamacare marketplaces.

Go deeper

Trump signs $2 trillion relief bill as U.S. coronavirus case count tops 100,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

President Trump signed a $2.2 trillion coronavirus relief package on Friday, as infections in the U.S. topped 100,000 and more cities experience spikes of the novel coronavirus.

The big picture: The U.S. has the most COVID-19 cases in the world, exceeding China and Italy, per data from Johns Hopkins. A second wave of American cities, including Boston, Detroit, New Orleans and Philadelphia, are reporting influxes of cases.

Go deeperArrowUpdated 7 hours ago - Health

Coronavirus updates: Italy records deadliest day with nearly 1,000 dead

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

Italy on Friday reported 969 COVID-19 deaths over a 24-hour period, marking the deadliest single-day for the country since the global outbreak began, according to data from the Health Ministry.

The big picture: The U.S. now leads the world in confirmed coronavirus cases, as the number of global cases nears 600,000. Governments around the world are trying to curb the medical and financial fallout of COVID-19, as infections surge across Europe and the U.S.

Go deeperArrowUpdated 7 hours ago - Health

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 595,800 — Total deaths: 27,324 — Total recoveries: 131,006.
  2. U.S.: Leads the world in cases. Total confirmed cases as of 9 p.m. ET: 103,942 — Total deaths: 1,689 — Total recoveries: 870.
  3. Federal government latest: President Trump signed the $2 trillion coronavirus stimulus bill to provide businesses and U.S. workers economic relief.
  4. State updates: Nearly 92% of cities do not have adequate medical supplies — New York is trying to nearly triple its hospital capacity in less than a month.
  5. World updates: Italy reported 969 coronavirus deaths on Friday, the country's deadliest day.
  6. Business latest: President Trump authorized the use of the Defense Production Act to direct General Motors to build ventilators for those affected by COVID-19. White House trade adviser Peter Navarro has been appointed to enforce the act.
  7. 🏰 1 Disney thing: Both Disney World and Disneyland theme parks in the U.S. are closed until further notice.
  8. What should I do? Answers about the virus from Axios expertsWhat to know about social distancing.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it.

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