Consumers. So it means that many consumers are paying very little to get very affordable coverage. We have 120,000 people paying less than 10 a month in bronze plans. 70 of those that have subsidies are picking a silver plan. Many of those in the cost sharing subsidy where in california at the highest cost sharing subsidy, an outpatient visit is 3 a bus ride. Theres no deductible. This is not the story across the nation. If you look an we did looking at colorado and miami, instead of having seven products like we have in l. A. , in denver they have 35 different silver products. In miami 35 and some of those products that are the cheapest premiums mean you dont get any care unless you satisfied a 3,000 deductible. Thats not good for consumers. I think its the right thing for consumers. Let me quickly note about getting access to care. We have some very early indicators that are very positive in california. There is a lot of discussion about narrow networks. Id note that virtually all of
Of the major averages. We are seeing u. S. Stocks rebounding and staying at record highs. S p 500 is up as much. Financials seeing a rebound. Thirdquarter results. Bank of america posting the best profit in six years. Hospital stocks and insurers, we are seeing a hit as President Trump cuts obamacare subsidies. When it comes to data, weekly inflation weaker inflation than expected. But get a check of the news. Mark crumpton is here with more. Mark secretary of state Rex Tillerson says President Trump will not with draw from the Iran Nuclear Deal or reimpose sanctions. The president will say the pack is not in u. S. National security interests and Alert Congress to amend it. You can watch the speech live in just a few moments at 12 45 p. M. New york time right here on bloomberg television. The president assuring residents of puerto rico he will always be with them. Is tweet comes a day after he lashed out at the island, insisting the federal government cannot keep sending help forever.