Most major health insurers are trading higher in Monday trading following reports Sunday that a “framework” of a new health care plan is set to be soon unveiled by the Trump administration.
Trump is expected to announce that Affordable Care Act subsidies, which were set to expire at the end of 2025, will be extended another two years, as well as place new income levels on eligibility and set minimum premium payments, Politicoreported.
Politico also said the administration’s plan would give individuals a choice to get some of their tax credit in a tax-advantaged savings accounts in exchange for selecting a lower premium plan/
Centene (CNC) and Molina Healthcare (MOH) are the highest health insurance gainers so far today, up, respectively, ~7% and ~4%.
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