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The Insurance Industry

  • House Dems Demand Trump Make ObamaCare Insurance Payments The Hill by Nathaniel Weixel–Nearly 200 House Democrats are demanding President Trump fund Obamacare's cost-sharing reduction payments to insurers. "The law requires, and it is your obligation under the law" to make the payments "and to stop other acts of sabotage that undermine Americans' access to affordable, quality health insurance," the House Democrats wrote in a letter to Trump. "The [Affordable Care Act] is not dead; however, your failure to commit to paying these subsidies is destabilizing the marketplaces, and will directly result in higher costs and fewer consumer choices."

  • Insurers Continue to Hike Prices, Abandon ACA Markets AP by Tom Murphy–People shopping for insurance through the Affordable Care Act in yet more regions could face higher prices and fewer choices next year as insurance companies lay out their early plans for 2018. Blue Cross and Blue Shield of North Carolina is asking regulators for a 23 percent price hike next year because it doesn't expect crucial payments from the federal government to continue. Other insurers around the country, such as Aetna and Humana, have already said they will not offer coverage on exchanges next year, though several, including Centene, say they will.

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