Sens. Lamar Alexander and Patty Murray reached a deal to stabilize Obamacare markets, Murray announced Tuesday. Reports said the two-year deal would allow subsidies to health insurers begin again. However, the deal would need to get through Congress. At a news conference, President Donald Trump called it a “short-term deal” and said Obamacare was “virtually dead.” He said a bill allowing block grants to states is the answer. Shares of Humana , Aetna and Cigna were trading higher following the announcement.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News