Alex Ossola
👤 SpeakerAppearances Over Time
Podcast Appearances
Coming up, who's seeing their health insurance payments go up and who's seeing their tax bills fall.
That's after the break.
The central battle in last year's government shutdown was over continuing some Obamacare subsidies that helped bring down the cost of health care.
But the shutdown ended and there was no resolution.
Millions of Americans are now seeing the result of that as their monthly health insurance bills rise.
It's forcing some people to make a difficult choice, figure out how to pay up or go without.
Rebecca Yates, a health insurance broker from Utah, says some of her clients have had strong reactions to their rates increasing.
WSJ economics reporter Rachel Ensign spoke to people whose insurance bills are rising, and she joins us now.
Rachel, the amount that health premiums are going up varies from state to state depending on your income, but broadly speaking, how much are people's premiums rising?
So people are getting confronted with these increases in their monthly premiums.
How are people responding?
Is there a government plan to restore these subsidies?
That was WSJ reporter Rachel Ensign.
Thanks, Rachel.
U.S.
stock markets moved higher today, with the Dow leading the gains in the indexes and closing up 0.6%.
Equities gained, but so did precious metals, as gold continued its historic rally, closing above $5,000 a troy ounce, while silver soared 14%, its biggest one-day jump in 40 years, to its latest record.
The metal closed above $115 a troy ounce.
And there's a winter storm and cold streak in much of the U.S.
that today disrupted thousands of flights and left hundreds of thousands still without power.