Apr 26, 2017

Paul Ryan excludes ACA payments to insurers in spending bill

Evan Vucci / AP

House Speaker Paul Ryan said this month's spending bill wouldn't include payments for insurers that would lower their additional ACA cost burden — by reimbursing them for lowering deductibles, copayments, and coinsurance — according to the WSJ.

Why it matters: This could cause a collapse in health plans this year, according to insurers. This move brings additional uncertainty to the healthcare marketplace, as insurers' deadlines to decide on the framework for 2018 plans looms in a few weeks.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

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SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.