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Giphy

Health insurers are getting a bit stressed over the Trump administration's decision to pull Obamacare advertising in the final days of open enrollment. Here's what Kristine Grow, a spokeswoman for America's Health Insurance Plans, the main health insurance trade group, said in a statement this afternoon:

At a time when the individual market faces challenges, we need as many people as possible to participate — so that costs go down for everyone. Balancing out the risk pool is an important action that can be taken now to help stabilize the market, improve affordability, and send strong signals as health plans develop their products for 2018.

Trump administration officials say they're mainly targeting $4 million to $5 million in TV and radio ads, and that the other sources of Obamacare enrollment information — like the website, the call center, Twitter, etc. — will still be available. "We aren't going to continue spending millions of taxpayers' dollars promoting a failed government program," said an HHS spokesman. "Once an assessment was made, we pulled back the most expensive and least efficient part of this massive ad campaign which was set to run over the weekend."

Why insurers are worried: There's usually a last-minute enrollment surge for Obamacare, mainly from young adults — but that was always when the Obama administration was making a heavy sales pitch. Last year, nearly 687,000 people signed up in the final week.

Go deeper

Texas urges Supreme Court to leave abortion ban in place

Photo: Emily Elconin/Bloomberg via Getty Images

Texas on Thursday asked the Supreme Court to keep in place a law that bans abortions after an embryo's cardiac activity is detected, which can be as soon as six weeks and before many people know they are pregnant.

Driving the news: Texas Attorney General Ken Paxton is asking the high court to ignore the Justice Department's emergency request that they temporarily block the law while federal courts consider its constitutionality since it "lacks standing because it has not been injured by SB 8."

Felix Salmon, author of Capital
2 hours ago - Economy & Business

Meme stonks lose their appeal to the world of crypto

Data: Cardify; Chart: Axios Visuals

That sucking sound you hear is the outflow of meme-chasing dollars from the stock market.

Why it matters: The caravan has moved on. The dream of getting rich quick still lives, but today it's more often found in the world of crypto, NFTs or even sports betting than it is in the stock market.

Latinas who brew seek to shake craft beer industry

A server at Mujeres Brew House in San Diego rings up a customer in front of a selection of craft beers. Photo: Russell Contreras/Axios

Independent craft brewers are popping up in cities across the country, and a small but growing number of them are Latina-owned or run by a Latina head brewer.

The big picture: Latinas are opening up independent craft breweries from California to Colorado as Latina-owned small businesses continue to be one of the fastest-growing segments of the economy despite a lack of venture capital.