The Trump administration has floated a healthcare proposal in Congress that favours extending the Affordable Care Act (ACA) subsidies. Many Republicans oppose the idea. Meanwhile, Oscar Health gained 8.55% midweek on the New York Stock Exchange the day before the Thanksgiving break.
Many Americans want an extension of the ACA or 'Obamacare' subsidies because any increase in health insurance premiums is a financial shock to them. Furthermore, if President Donald Trump allows the subsidies to expire, the ripple effect across the entire healthcare system, as well as the economy, would be enormous.
