The Latest: Governors urge Congress to back health subsidies
A bipartisan group of governors is urging congressional leaders to support a plan to calm health insurance markets after President
The letter, signed by 10 governors, says, "Stabilizing insurance markets is one of the primary areas where
The agreement by Sens.
The letter released Wednesday night is signed by the governors of
The authors of a bipartisan plan to calm health insurance markets say they'll push the proposal forward, even as President
The agreement by Sens.
A spokesman for House Speaker
The compromise has won endorsements from
But Trump has lambasted the subsidies as insurance company bailouts. Several
Nineteen state attorneys general are asking a federal judge in
The monthly payments were scheduled to go out Friday. The states filed a request Wednesday for an emergency court order requiring that they be paid on schedule.
Trump announced last week that his administration will cut off payments to insurance companies that allow for lower consumer costs under the Affordable Care Act. A bipartisan effort in
State attorneys general say they'll immediately seek a court order to force the administration to keep paying health insurance subsidies that President
The office of
The so-called "cost sharing subsidies" reimburse health insurers for reducing copays and deductibles for consumers with modest incomes. They're under a legal cloud because of a suit previously filed by Republican foes of the Obama health care law.
A bipartisan effort in
A leading sponsor of a bipartisan
Alexander says in an interview that Trump told him he will review the deal and may want to add something to it and include it in a larger piece of legislation. He provided no detail.
Asked if Trump backs his proposal, Alexander says, "You'll have to ask him."
President
Trump says on Twitter Wednesday that he "can never support bailing out" insurance companies that have "made a fortune" under so-called Obamacare.
Sen.
Trump said on Twitter Wednesday that he is "supportive of Lamar as a person & also of the process, but I can never support bailing out ins co's who have made a fortune w/ O'Care."
Sen.
Alexander, R-
Trump had spoken favorably of the deal Tuesday but then later in the day reversed course.
Alexander said Wednesday that Trump "wanted to be encouraging" in the Wednesday phone call and is still reviewing the bipartisan deal. Alexander said "I think he wants to reserve his options."
Alexander predicts his deal will pass "in one form or another" by years end.
A bipartisan
Sens.
Under the lawmakers' agreement, the payments would continue for two years while states were given more leeway to let insurers sidestep some coverage requirements imposed by President



Post-Tribune, Merrillville, Ind., Trudy Lieberman column
Bevin’s plan: No pensions for most future workers. Costly changes for current workers
Advisor News
- Equitable launches 403(b) pooled employer plan to support nonprofits
- Financial FOMO is quietly straining relationships
- GDP growth to rebound in 2027-2029; markets to see more volatility in 2026
- Health-related costs are the greatest threat to retirement security
- Social Security literacy is crucial for advisors
More Advisor NewsAnnuity News
- Best’s Special Report: Analysis Shows Drastic Shift in Life Insurance Reserves Toward Annuity Products, and a Slide in Credit Quality
- MetLife to Announce First Quarter 2026 Results
- CT commissioner: 70% of policyholders covered in PHL liquidation plan
- ‘I get confused:’ Regulators ponder increasing illustration complexities
- Three ways the Corebridge/Equitable merger could shake up the annuity market
More Annuity NewsHealth/Employee Benefits News
- Clash of Titans: Hawai'i's Healthcare Leaders Disagree on Best Path Forward
- Insurance resolution sparks backlash
- Municipalities contend with surprise bills as health costs rise
- Health care in America should be redesigned
Op-ed: We should redesign health care in America. Here's a plan that would help Nebraskans (copy)
- Humana and Thor hit the Casualty List, can revive and thrive
Humana and Thor Hit the Casualty List
More Health/Employee Benefits NewsLife Insurance News
- An Application for the Trademark “PREMIER ACCESS” Has Been Filed by The Guardian Life Insurance Company of America: The Guardian Life Insurance Company of America
- AM Best Assigns Credit Ratings to North American Fire & General Insurance Company Limited and North American Life Insurance Company Limited
- Supporting the ‘better late than never’ market with life insurance
- Best’s Special Report: Analysis Shows Drastic Shift in Life Insurance Reserves Toward Annuity Products, and a Slide in Credit Quality
- The child-free client: how advisors can support this growing demographic
More Life Insurance News