Oct 18, 2017

Here’s what insurers will lose if health care deal doesn’t pass

The health care deal by Sens. Lamar Alexander and Patty Murray is the best chance for insurers to regain the Affordable Care Act subsidies President Trump wants to cut off. But there's no guarantee it can pass Congress and get to Trump's desk. Here's a look at the $1 billion in losses insurers would suffer through the end of this year if the subsidies end, per the consulting firm Avalere.

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Data: Avalere; Chart: Chris Canipe / Axios

The bottom line: Florida, California, and Texas insurers would be hardest hit, with Florida insurers alone losing $200 million. They have to provide the subsidies to low and middle-income people even if they don't get reimbursed — but some will raise their rates or even pull out of the markets if they have to face those kinds of losses.

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Updated 14 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 a.m. ET: 6,289,259 — Total deaths: 375,987 — Total recoveries — 2,706,820Map.
  2. U.S.: Total confirmed cases as of 7 a.m. ET: 1,811,277 — Total deaths: 105,147 — Total recoveries: 458,231 — Total tested: 17,340,682Map.
  3. Public health: Nearly 26,000 coronavirus deaths in nursing homes have been reported to federal health officials —Coronavirus looms over George Floyd protests across the country.
  4. Federal government: Trump lashes out at governors, calls for National Guard to "dominate" streets.
  5. World: Former FDA commissioner says "this is not the time" to cut ties with WHO.
  6. 🎧 Podcast: The virus didn't go away.

What it was like when police used tear gas to clear a path for Trump

President Trump walking back to the White House. Photo: Brendan Smialowski/AFP via Getty Images

Moments before President Trump began his Rose Garden address, a mass of law enforcement suddenly marched forward in Lafayette Park, across Pennsylvania Avenue from the White House.

Why it matters: It was a jarring scene as police in the nation's capital forcefully cleared young men and women gathered legally in a public park on a sunny evening, all of it on live television.

Trump goes full law-and-order

Photo: Tom Brenner/Reuters

President Trump's final decision to speak in the Rose Garden last evening as protests raged outside the gate was made only hours before, reflecting chaos on both sides of the fence.

Why it matters: Trump’s ultimate remarks fell where his instincts always were: blunt, brutal law and order, with extreme demonstrations of militarized “strength” and blustery threats.