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J. Scott Applewhite / AP

Here's what Senate Republicans have added to the latest version of their health care bill (summary here, text here):

  • A modified version of Cruz's proposal to let insurers offer health plans that don't comply with all Affordable Care Act regulations, as long as they offer ones that do. (It would be tied to a fund to cover people with health problems.)
  • Another provision, also by Cruz, that would let people pay for their insurance premiums out of health savings accounts.
  • An additional $70 billion, for a total of $132 billion over eight years, to help states reduce people's out-of-pocket costs.
  • Opioid treatment funds have been increased to $45 billion.
  • People could use the tax credit to buy catastrophic health plans.
  • They could also buy cheaper, high-deductible plans.
  • States could get waivers from Medicaid spending limits to help expand home and community-based care for the elderly.
  • A more generous formula would be used for payments to hospitals that provide uncompensated care.
  • States with public health emergencies don't have to count those costs toward Medicaid spending limits.

A gift for Alaska? The bill sets aside 1% of reinsurance funds for states where premiums are 75% higher than the national average. As the Kaiser Family Foundation's Larry Levitt points out, the only state that fits that description is Alaska — and Alaska Sen. Lisa Murkowski is one of the holdouts who could determine the fate of the bill.

Go deeper

Pacific Northwest soon to be ground zero for record-shattering heat

Computer model projection showing the unusually strong heat dome over the Pacific Northwest on Sunday. (PivotalWeather).

A heat wave is bringing unprecedented high temperatures to the Pacific Northwest — a region of the country typically cooled by the ocean, rather than central air conditioning. The heat will begin Friday and last into early next week.

Why it matters: The heat wave will shatter monthly and all-time temperature records in the Pacific Northwest. Some of the records could break the old milestones by several degrees.

Dan Primack, author of Pro Rata
22 mins ago - Economy & Business

The crypto kings

Illustration: Shoshana Gordon/Axios

Bitcoin is largely a wash for 2021, but that isn't dimming crypto optimism among venture capitalists or their deep-pocketed limited partners.

Driving the news: Andreessen Horowitz this morning announced that it's raised $2.2 billion for its third crypto-focused fund.

BuzzFeed announces plans to go public via SPAC

Photo: Nicholas Hunt/Getty Images

BuzzFeed said Thursday it plans to go public via a special purpose acquisition company (SPAC). The company is targeting a $1.5 billion valuation upon combining with 890 Fifth Avenue Partners, Inc., a blank-check company.

Driving the news: As part of the transaction, Buzzfeed said it plans to acquire Complex Networks, a lifestyle and entertainment media company, for $300 million in cash and stock.