President Trump and Wisconsin Gov. Scott Walker. Photo: Chip Somodevilla via Getty Images

The Centers for Medicare & Medicaid Services announced yesterday that it has approved Wisconsin's proposal for a reinsurance program — the fourth state to win such a waiver. (The others are Alaska, Minnesota and Oregon.)

The big picture: It's not quite fair to say reinsurance is fully bipartisan or non-controversial — it couldn't get through Congress, after all. But it's about the closest thing to a consensus idea that exists in the world of insurance, and it's continuing to move forward.

The details: Reinsurance is pretty straightforward: The government simply gives insurers money to help offset the costs of their most expensive patients. That lowers premiums overall, which in turn lowers the federal government's costs to subsidize those premiums.

Why it matters: Reinsurance works. Insurers in Minnesota are actually looking to reduce their premiums next year — which almost never happens — and they say the state's reinsurance program is part of the reason.

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Pelosi: Birx "enabled" Trump on coronavirus misinformation

House Speaker Nancy Pelosi told CNN on Monday she does not have confidence in White House coronavirus task force coordinator Deborah Birx because "she has enabled" President Trump to spread coronavirus misinformation.

What she's saying: "I don't have confidence in anyone who stands there while the president says, 'Swallow Lysol and it's going to cure your virus,'" Pelosi told host Jim Scuitto.

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Google launches $349 Pixel 4a

Google

Google on Monday launched its long-expected Pixel 4a, a $349 device that brings key features of the company's flagship smartphone to a more affordable price point.

Why it matters: Google saw surprisingly strong demand for last year's "a" model and having a broader range of products allows the company to reach more parts of the market.

A wild weekend for Microsoft's play for TikTok

Illustration: Aïda Amer/Axios

While its Big Tech rivals were testifying in front of a congressional antitrust committee last week, Microsoft was negotiating what could be the largest — and most politically perilous — tech acquisition of 2020.

The state of play: The hullabaloo surrounding Microsoft picking up TikTok has undergone a flurry of twists and turns over the weekend, as both the White House and the tech giant reacted in real time.