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IBC Releases Statement on President's Plan to Stop Subsidies
13 October 2017, 11:59 | Glen Norman
New York Governor Andrew Cuomo has lashed at President Trump's executive order to slash subsidies to Americans for Affordable Care Act insurance purchase and the state's Attorney General Eric T. Schneiderman plans to sue the administration. Joe Vitale, who chairs the Senate health committee, says that since the cost-sharing subsidies from the government to insurers benefit poorer enrollees their elimination will hurt low-income populations. In a statement, the White House said that the U.S. Department of Health and Human Services, based on guidance from the U.S. Department of Justice, has concluded that the so-called cost-sharing reduction payments. "We are now evaluating what this announcement may mean for individual consumer plans in the future". Critics of Trump's executive order warn the cheaper-plans-with-less-coverage option will inevitably drive up insurance costs for Americans with serious medical conditions, and cause more insurers to abandon the ACA marketplaces.
Jetter says, "From what I understand Trump ending the subsidies really is a power play to force Congress to create a bipartisan fix to heathcare.gov or to the Affordable Care Act.it is kind of scary".
Trump's executive orders are expected to increase insurance premiums and potentially cost the government an extra $2.3 billion next year, according to NPR.
Chris Wallace, president of the Texas Association of Business, said his group was still studying the president's order. His only goal has been to destroy the Affordable Care Act. Instead of working on bipartisan solutions to improve our health care system, President Trump is jeopardizing health care for millions of Americans, leaving everyone paying more for less care.
Revenue Forecast of Exxon Mobil Corporation (XOM)
Usa Portformulas Corporation has invested 0.84% in Caterpillar Inc. 122,200 were accumulated by Arizona State Retirement Sys. Looking at a shorter time period, shares have been seen -0.30% away from the 50 day high and 8.47% off the 50 day low price.
IGN have bought Humble Bundle
In a deal that was likely not pay what you like, Humble Bundle has been sold to media company IGN for an undisclosed sum. Seven years later, thanks to the generosity of over 10 million customers, we've now raised $106 million for charity.
Bulgarian inflation quickens to 2.1 pct y/y in September
Consumer prices edged up 0.2 percent on a monthly basis in September after edging up 0.1 percent in August, the office said. The dollar index, a measure of the greenback's relative strength against a basket of its chief rivals, fell 0.3% to 92.78.
MannKind Corporation (MNKD) while NeuroDerm Ltd. (NDRM)
Equities research analysts forecast that MannKind Corporation will post ($0.95) earnings per share for the current fiscal year. In terms of Buy, Sell or Hold recommendations, Mannkind Corporation (NASDAQ: MNKD ) has analysts' mean recommendation of 3.
Three Dead After Horror Skydiving Accident
It is reported that a female diver was was tandem diving with an instructor when they crashed into a solo skydiver mid air. THREE skydivers have been killed in a popular Australian resort in what authorities believe was a mid-air collision.