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Millions of middle-income people have been shut out of Obamacare since earning more than $ 51,000. The $ 1.9 trillion stimulus package in Congress would make health insurance premiums cheaper. It would also gather most of the tab for COBRA plans to help laid-off workers....

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Payers are preparing for costs in 2021 after COVID-19 deferred care

By Hannah Nelson February 9, 2021 In the year before the pandemic, the United States spent as much as $ 3.6 trillion on health care, with payers spending a third or $ 1.195 billion, according to a report from the Congressional Research Service. The report provides insight into where the healthcare industry is being tracked in 2019 before COVID-19 hit and pays costs fell. As the pandemic spread, payers wondered what effect the high level of deferred care would have on costs in the 2020 and 2021. allocation years. By mid-June 2020, experts estimated $ 546.6 billion. COVID-19 costs for…

HEALTH TREATMENT: House Democrats Eye COBRA, PPE in Aid Push

House Democrats yesterday presented their proposal to subsidize health insurance premiums for coverage as part of President Joe Biden's broader incentive to help people who lost their jobs keep their health insurance coverage, reports Alex Ruoff. The relocations would only be temporary, with subsidies granted until October to help Americans keep their employer-backed insurance and strengthen Obamacare's tax deductions for the next two years. The proposal, unveiled by the leaders of the House Education and Labor Committee and the Ways and Means Committee, would subsidize 85% of insurance premiums to workers eligible for COBRA after losing their jobs or having…

Joe Biden creates Pentagon task force over China

Joe Biden has set up a Pentagon task force to help develop a comprehensive China policy that will examine everything from the deployment of U.S. forces around the world to the relationship with the Chinese military.The US president announced the formation of the working group during a visit to the Pentagon on Wednesday. The working group, which will include uniformed officers and civilians, will make recommendations within four months. It will be led by Ely Ratner, a Chinese expert and Pentagon official. Biden said the task force would “work fast. . . so we can map a strong way forward…

Joe Biden is reconsidering Donald Trump’s attempt to ban TikTok

The Biden administration said Wednesday it reviewed former President Donald Trumps efforts to ban TikTok in the United States as the Chinese-owned video app continued negotiations on its future.In one case, lawyers from the Department of Justice alleged that the new administration had begun reviewing whether TikTok was the threat to national security that Trump had claimed. The former president issued several decrees that would have prevented Americans from accessing TikTok, but they have attracted legal challenges and have not yet entered into force.In the court filing, the DoJ designated the rules of the Commerce Department and an executive order…

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