Mar 28, 2017

Zombie Trumpcare not good signal to worried insurers

(Jose Luis Magana / AP)

House Republicans' decision to keep trying to repeal and replace Obamacare is not a good signal to insurers, who must decide soon whether or not to participate on exchanges in 2018. Whether or not Republicans are interested in stabilizing the marketplace will be key to their decision. Reopening repeal and replacement talks is not stabilizing, as it creates mass unpredictability about the future.

"If Republicans are clearly invested in your failure, as an insurer, you need to be concerned," said Rodney Whitlock, a former GOP Senate Finance Committee aide.

Our thought bubble (h/t Bob Herman): Insurers have just a couple months left before they file rates. And another game of patty cake in the House isn't going to make any insurer happy.

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  1. Global: Total confirmed cases as of 1:30 p.m. ET: 887,067 — Total deaths: 44,264 — Total recoveries: 185,541Map.
  2. U.S.: Total confirmed cases as of 1:30 p.m. ET: 190,740 — Total deaths: 4,127 — Total recoveries: 7,141Map.
  3. Federal government latest: Vice President Mike Pence said that White House modeling suggests "Italy may be the most comparable area to the United States" in terms of the impact of the coronavirus pandemic.
  4. State updates: Florida and Pennsylvania are the latest to issue stay-at-home orders, totaling 34 states and D.C.
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West Virginia is latest state to delay primary due to coronavirus

Photo: Barbara Davidson/Getty Images

West Virginia Gov. Jim Justice rescheduled the state's May 12 primary election to June 9 on Wednesday, citing fears surrounding the coronavirus pandemic, AP reports.

Why it matters: 23 other states and the District of Columbia haven't held primaries yet. The White House is recommending, for now, that Americans practice social distancing and gather in groups of no more than 10 people — while many states have issued stay-at-home orders.

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Florida governor issues stay-at-home order

Photo: Joe Raedle/Getty Images

Florida Gov. Ron DeSantis ordered a statewide stay-at-home order on Wednesday after the number of coronavirus cases in the state rose to nearly 7,000.

Why it matters: DeSantis has been criticized for declining to order any statewide mandates to curb the spread of coronavirus as Florida — home to a significant elderly population — has increasingly become a hotspot. The order will go into effect at midnight and last for 30 days.

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