Enhanced subsidies for Affordable Care Act health-insurance plans are set to expire by the end of the year and decisions related to them may be crucial to end a government shutdown, Jasmin Li and Anna Wilde Matthews of The Wall Street Journal reports. At the moment, Republicans are pushing to temporarily extend current government funding levels for extra time for negotiations, but Democrats have said they won’t vote for any bill to end a government shutdown if it excludes an extension of the ACA subsidies. These government subsidies cap the max percentage of household income an individual pays toward their ACA health coverage. About 24.3M Americans are enrolled in ACA, with 22.4M receiving subsidies. Publicly traded companies in the space include CVS Health (CVS), Centene (CNC), Cigna (CI), Elevance Health (ELV), Humana (HUM), Molina Healthcare (MOH) and UnitedHealth (UNH).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CI:
- Trump says working on reducing cost of health insurance
- Private Markets: Ring maker Oura to become $11B company
- Heartflow announces FDA clearance of plaque analysis algorithm, Cigna coverage
- Managed Care 2026 Star plan cut points look ‘challenged,’ says Leerink
- Another ‘hard year’ for Stars cut points, Hyperlift’s Phillip Collins says