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Insurance companies rush to embrace Obamacare so they can survive recession

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Health insurance companies who for years have resisted taking part in the Affordable Care Act’s health care exchanges are now rushing back into them to stave off financial calamity brought on by the COVID-19 pandemic.

Politico reports that United Healthcare this week said it would reenter Maryland’s Obamacare exchange years after it exited the market. United Healthcare, which is America’s largest health insurer, is also planning to expand into other states’ exchanges.

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“Insurers increasingly view Obamacare as a boon while job-based health coverage faces its biggest threat yet in a crashing economy,” reports Politico. “With tens of millions of people losing their jobs — and their health benefits — along with major cuts to Medicaid, the insurers see stability and the promise of enough healthy enrollees in a marketplace that offers government subsidized private insurance to millions of Americans during a pandemic.”

Insurers for years have fought against the law, which bars them from discriminating against patients with preexisting conditions or from abruptly rescinding coverage from patients who get sick.

However, after the Republican Party failed to repeal and replace the law in 2017, insurers have come to see it as something they can’t avoid.

“In the coming months, millions of individuals are expected to turn to the ACA exchanges in order to secure coverage,” the lobby group America’s Health Insurance Plans told the Supreme Court this week in an effort to get them to vote against overturning the entire law.


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2020 Election

Brace yourself for months of lawlessness — ‘Election Night’ likely will not end until 2021

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There’s nothing wrong with treating American politics like a sport as long as everyone involved in the competition is playing the same sport by the same rules. There’s nothing wrong as long as both sides agree the rules are legitimate, both commit to obeying them and both accept the consequences when they break them.

This article was originally published at The Editorial Board

But there is a problem with treating American politics like a sport when one side is playing soccer and the other is playing football while neither can agree to the rules, because one side won’t commit to obeying them. There is something wrong when one side not only refuses to accept the consequences of rule-breaking but sets out to undermine the idea of rules altogether. In that case, treating politics like a sport, as the Washington press corps habitually does, isn’t helpful. It’s harmful. Even dangerous.

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2020 Election

Investigative reporter David Cay Johnston explains when you’ll see Trump get indicted

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Pulitzer Prize-winning reporter David Cay Johnston appeared Thursday on CNN, where he explained when he believed President Donald Trump would be indicted.

After receiving a subpoena from New York prosecutors last year, Deutsche Bank reportedly handed over detailed records about their dealings with Trump, according to the New York Times. The subpoena indicates that the investigation of Trump's family business is more expansive than previously thought.

"Prosecutors already have the basic tax information on Donald Trump. Your state tax return is virtually identical to your federal return, and the IRS shares tax information with the state," Johnston explained to CNN host Brianna Keilar.

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‘Trump is scared’ and ‘literally does not appear to understand’ what is going on around him: White House reporter

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Writing in The Bulwark this Thursday, Playboy Magazine White House correspondent Brian Karem says that President Trump is losing the "strength and vigor" that carried him to an election win in 2016, especially in the wake of recently being "eviscerated" by Chris Wallace of Fox News and Jonathan Swan of Axios.

The interviews "not only exposed how unprepared Trump is for the long-interview format, but how unfamiliar and unrelatable he remains to facts," Karem writes. "He literally does not appear to understand them."

There was a time when a blusterous Trump would pick fights with reporters, but now he can "barely muster the get-up-and-go to turn the page on the briefing notes that he pretty obviously hasn’t looked at before lumbering to the podium," Karem writes.

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