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White House expected to unveil extension of Obamacare subsidies, Politico says

The White House is expected to unveil a health policy framework that includes a two-year extension of Obamacare subsidies set to expire at the end of next month as well as new limits on eligibility, Benjamin Guggenheim of Politco reports, citing three people that discussed the unannounced plans. The proposal would be meant to prevent health care premium spikes set to hit enrollees of the Affordable Care Act if Congress allows the subsidies to expire. 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).

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