Andrew Harnik/AP

The first big Obamacare rule from the Trump administration may try to help insurers in some ways, like tightening the enrollment rules and letting them charge older customers more. But a new study out today sends a strong signal about what they really need to stay in the Obamacare markets: They want to be paid back for the subsidies they've paid out to low-income customers.

The study — conducted by Milliman for the Association for Community Affiliated Plans, a group representing safety-net insurers — concluded that there would be "significant losses for many insurers in the individual market" if the Trump administration and Congress don't reimburse them for the cost-sharing reduction subsidies.

Why it matters: The payments are up in the air right now because of a lawsuit House Republicans filed against the Obama administration, arguing that the subsidies were paid illegally because Congress never provided the money for them. A federal judge ruled against the subsidies, and if the Trump administration decides to drop the appeal, the payments could stop.

Key numbers:

  • Customers who got the subsidies in 2014: 3.1 million
  • Payments to insurers: $2.8 billion
  • Customers who got the subsidies in 2015: 5.2 million
  • Payments to insurers: $4.9 billion
  • Customers who got the subsidies in first half of 2016: 5.9 million

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Facebook boycott organizers share details on their Zuckerberg meeting

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Axios Re:Cap spoke with the boycott's four main organizers, who met on Tuesday with CEO Mark Zuckerberg and other top Facebook executives, to learn why they organized the boycott, what they took from the meeting, and what comes next.

Boycott organizers slam Facebook following tense virtual meeting

Illustration: Sarah Grillo/Axios

Civil rights leaders blasted Facebook's top executives shortly after speaking with them on Tuesday, saying that the tech giant's leaders "failed to meet the moment" and were "more interested in having a dialogue than producing outcomes."

Why it matters: The likely fallout from the meeting is that the growing boycott of Facebook's advertising platform, which has reached nearly 1000 companies in less than a month, will extend longer than previously anticipated, deepening Facebook's public relations nightmare.

Steve Scalise PAC invites donors to fundraiser at Disney World

Photo: Kevin Lamarque-Pool/Getty Images

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