Jan. 6— With federal lawmakers unable to come to an agreement to extend COVID-era health insurance subsidies, thousands of Connecticut residents are expected to see higher costs beginning this month. More than 148,000 Connecticut residents are enrolled in qualified health plan coverage through Access Health CT— the state's health insurance market— for this…
The latest from Washington, D.C., impacting the insurance and financial services industries.
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House passes bill to extend enhanced ACA subsidies 3 years
The House passes a bill to give a three-year extension to Affordable Care Act marketplace enhanced subsidies.
President Donald Trump said he had made up his mind on who he would nominate to be the next chair of the Federal Reserve, but stopped short of disclosing his pick during a wide-ranging interview with The New York Times. When asked specifically about Kevin A. Hassett, his top economic adviser, Trump said, "I don't want to say," but described him as "certainly one of the…
Most Americans optimistic about a financial ‘resolution rebound’ in 2026
Although most Americans fell short of their financial resolutions in 2025, most are optimistic 2026 will be their year for a “resolution rebound.”
Bill aims to boost access to work retirement plans for millions of Americans
Under the Automatic IRA Act of 2025, employers with at least 10 employees would be required to provide access to an automatic retirement contribution plan.
4 GOP reps join Democrats in forcing ACA vote
Four moderate Republican congressmen joined Democrats in the House to force a vote on extending the Affordable Care Act enhanced subsidies, which are due to expire Dec. 31, hiking the cost of health care premiums for millions of Americans.
GOP scuttles vote on package without ACA tax credits
House Speaker Mike Johnson said he won’t call a vote Wednesday to extend enhanced subsidies under the Affordable Care Act.
Will Congress take action on ACA next week? If so, what?
There are 10 working days on the calendar before many Americans see their enhanced Affordable Care Act credits expire.
ACA marketplace allowed possible fraud through fake enrollees, GAO says
The Affordable Care Act marketplaces allowed fake enrollees to obtain coverage in 2024 and 2025, the General Accounting Office said in a report issued this week.
Congress races Dec. 31 clock on expiring ACA subsidies
Several proposals are floating around Washington but will any of them become law?
Republicans scrambling for plan to fix healthcare, DC insider says
Republicans likely want to have a healthcare plan to present to Americans by the State of the Union address in late January, Jeff Bush predicted.
New ACA proposals in the works as ‘subsidy cliff’ looms
As the Affordable Care Act “subsidy cliff” looms, reports say President Donald Trump plans to announce a new proposal for addressing health care costs.
Senator proposes swapping ACA tax credits for prepaid HSAs
Sen. Bill Cassidy, (R-La.), introduced a plan that could significantly shift the landscape for those who obtain health insurance through the Affordable Care Act marketplace.
The National Association of Benefits and Insurance Professionals welcomes the reopening of the federal government but cautions that the short-term funding measure offers only temporary stability while delaying action on the nation’s most pressing health care challenges affecting families, individuals, seniors, and businesses alike.
Social Security COLA to rise by 2.8%
The Social Security cost-of-living adjustment will be 2.8% in 2026, the Social Security Administration said today.
Tariffs fuel import surge but economic slowdown looms
U.S. imports surged in the first quarter as businesses scrambled to obtain products they needed before tariffs took effect.
Concerns grow over prolonged federal shutdown
As the federal government shutdown continues, millions of Americans are growing more concerned about its long-term impacts.
Government shutdown brings volatility, caution – and investor angst
In the face of a government shutdown, investors face a familiar but unsettling question: How should they approach the markets?
National Flood Insurance Program set to expire as shutdown looms
Along with a government shutdown looming, the National Flood Insurance Program is also set to expire tomorrow unless Congress extends it.
Markets eye Fed rate cut as Powell’s guidance takes center stage
The Fed faces a balancing act: offer enough stimulus with a rate cut to reassure markets without signaling panic or jeopardizing credibility.
