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Insurance companies rush to embrace Obamacare so they can survive recession

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US President Barack Obama is the keynote speaker at the Democratic National Convention in Philadelphia (AFP Photo/Yuri Gripas)

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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The View’s Ana Navarro drops the hammer on election challenge: ‘One more Trump fraud’

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"The View" co-host Ana Navarro called out President Donald Trump's efforts to undermine U.S. democracy as just another "grift."

The president's efforts to overturn his election loss to Joe Biden have set Republicans against each other in Georgia, where both Senate seats -- and the GOP majority -- remain up for grabs in a Jan. 5 runoff.

"When your enemy is shooting themselves, don't get in the way," Navarro said. "Look, if I were [Sen. Kelly] Loeffler or [Sen. David] Perdue, frankly, I would draw the curtains, bolt the doors, shut off the lights and ask somebody to wake me up when he's gone."

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‘People are dying’: Reporter backs Trump advisor Larry Kudlow into a corner on president’s gross negligence

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Tensions ran high at an outdoor press conference Friday when a reporter asked White House advisor Larry Kudlow, "Where is the President?" and he replied, "I don't understand."

The reporter said, "2,000 people a day are dying of COVID. Where is the President's leadership?"

CBS News White House correspondent Paula Reid reported from Washington, D.C. Friday and shared the tweet below. The responses flowed in from there.

https://twitter.com/PaulaReidCBS/status/1334889853276856322

https://twitter.com/CBSThisMorning/status/1334833494762147840?s=20

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2020 Election

Trump Pentagon appointee busted for tweets arguing for martial law following election loss

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According to a report from CNN's "KFiles," one of Donald Trump's appointees to the Pentagon has been approvingly retweeting Twitter posts that call the election of former Vice President Joe Biden a "coup," while also helping to promote a petition calling for the president to declare martial law following his election loss.

Scott O'Grady, who was shot down over Bosnia in 1995 which was later the basis for the movie "Behind Enemy Lines," in 2001, recently received a presidential appointment to the Pentagon as the next Assistant Secretary of Defense for International Security Affairs, pending Senate confirmation.

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