Labor and pensions will come to order this morning. We are holding our third of for hearings on stabilizing the cost of premiums and ensuring americans are able to purchase insurance in the individual Insurance Market in 2018. This is the market were 6 of insured americans, that is 80 Million People by their insurance. Those who dont get insurance through medicaid while on the job. For the past fee years, the cost of premiums in the individual market copays deductibles up and skyrocketing in many states. Half of these 18 million americans have government subsidies to cushion the blow of the rising prices. Many of those who find themselves in the other half are being priced out of the Insurance Market that they simply cannot afford. That is why these hearings have a narrow objective. Congress and the president do between now and the limit the month to help premium increases in 2018 and lower premiums after that. We heard in our hearings last week that there was also a danger that if we
Labor and pensions will come to order this morning. We are holding our third of for hearings on stabilizing the cost of premiums and ensuring americans are able to purchase insurance in the individual Insurance Market in 2018. This is the market were 6 of insured americans, that is 80 Million People by their insurance. Those who dont get insurance through medicaid while on the job. For the past fee years, the cost of premiums in the individual market copays deductibles up and skyrocketing in many states. Half of these 18 million americans have government subsidies to cushion the blow of the rising prices. Many of those who find themselves in the other half are being priced out of the Insurance Market that they simply cannot afford. That is why these hearings have a narrow objective. Congress and the president do between now and the limit the month to help premium increases in 2018 and lower premiums after that. We heard in our hearings last week that there was also a danger that if we
Stabilize the Health Insurance market. This is two hours and 20 minutes. Senate committee on health, labor and pensions will come to order this morning. We are holding our third of for hearings on stabilizing the cost of premiums and ensuring americans are able to purchase insurance in the individual Insurance Market in 2018. This is the market were 6 of insured americans, that is 80 Million People by their insurance. Those who dont get insurance through medicaid while on the job. For the past fee years, the cost of premiums in the individual market copays deductibles up and skyrocketing in many states. Half of these 18 million americans have government subsidies to cushion the blow of the rising prices. Many of those who find themselves in the other half are being priced out of the Insurance Market that they simply cannot afford. That is why these hearings have a narrow objective. Congress and the president do between now and the limit the month to help premium increases in 2018 and l
Good monday morning. Welcome to squawk alley. With me at post 9, our own sara eisen. Jon fortt is at the mobile World Congress in barcelona. A lot more from jon in just a moment. It is a busy morning here in the markets, especially in washington. The president wrapping up a meeting with the National Governors association this hour, holding a roundtable with Health Insurance ceos. Our eamon javers is at the white house with all the latest. Hey, eamon. Reporter yeah, good morning, carl. That meeting with the Health Insurance ceos is going to right now behind closed doors here at the white house. We expect to see some tape of that and well bring you any comments that the president does make. But this morning we saw the president in a separate meeting, meeting with the nations governors, talking a little bit about where health care is going and the efforts of the Republican Party to repeal and replace obamacare. The president striking a little bit of a glum note here this morning, a slight
We are focusing on the president , he is going to outline tomorrow night what he wants to do, you cant put the cart before the horse x in this case that cart is obamacare and repealing and, ultimately, replacing it. But there are plans in his budget announcement tomorrow night to lay out a case for increasing the defense budget, already pretty heldty at about 550 billion a year by another 54 billion. Just word of that has sent a lot of defense stocks soaring, and theyre not the only group that could be baiting the fish for what the president outline tomorrow night before a joint session of congress. With more, we go to blake burman at the white house. Hey, blake. Reporter two major, big ticket items under discussion here and really as the president set to med to capitol hill tomorrow night to lay out his vision before congress. That being the budget and to replace the Affordable Care act. Talk about the details, at least the thousand foot view stuff the president wants to focus on spen