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Jun 15, 2017
06/17
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bertha coombs has more. >> reporter: for this woman, getting insured under obamacare was a godsend. she finally got treated for lupus and auto immune disease that nearly ended her ability to teach flamenco. >> the affordable care act saved my life. >> reporter: this year she and her husband face a financial setback. but she's able to afford coverage thanks to a premium tax credit and a cost sharing reduction subsidy which cuts her out of pocket costs. >> my specialist, who i do have to see once a month, my rheumatologist, before it was a $75 co-pay, and i'm now paying $16 when i see her. it's a huge difference, a lifesaving difference. if i didn't have access to health care right now, i wouldn't be able to do the things i do. >> reporter: but the fate of those cost sharing subsidies is up in the air, with just one week until the deadline for insurers to submit rate requests for 2018 plans, the trump administration has not said whether it will continue to make those payments. this republican strategist says there needs to be clarity. >> the certainty lacking is not helping shore up t
bertha coombs has more. >> reporter: for this woman, getting insured under obamacare was a godsend. she finally got treated for lupus and auto immune disease that nearly ended her ability to teach flamenco. >> the affordable care act saved my life. >> reporter: this year she and her husband face a financial setback. but she's able to afford coverage thanks to a premium tax credit and a cost sharing reduction subsidy which cuts her out of pocket costs. >> my specialist,...
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Jun 24, 2017
06/17
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as bertha coombs reports now, winners and losers are emerging. >> the is that the plan obama care's coverage. that benefits those are higher incomes. the plan leahs many of the provisions in place but less funding. >> very complicated situation from the standpoint you do something that's good for one group, but bad for another. it's a very, very narrow path. zpl among the loser, adults who gained coverage under medicaid expansi expansion. se plan would maintain funding through 2020, but make states pick up more of the tab before ending it. middle income earners making above 350% of federal poverty. about 41,000 for an individual this year. for older adult, that could mean a triple whammy. the senate plan would allow insurers to charge them five times more than younger people. right now, rates are capped at three times more. the bill also increases how much older people have to chip in for preem ups. from 9.5% of their income to as much as 16%. while tax credits would be lower. to the lowest plan rother than more generous plans now. people with preexisting conditions would not face a premium
as bertha coombs reports now, winners and losers are emerging. >> the is that the plan obama care's coverage. that benefits those are higher incomes. the plan leahs many of the provisions in place but less funding. >> very complicated situation from the standpoint you do something that's good for one group, but bad for another. it's a very, very narrow path. zpl among the loser, adults who gained coverage under medicaid expansi expansion. se plan would maintain funding through 2020,...
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Jun 30, 2017
06/17
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KQED
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. >> bertha coombs has more. >> walgreens and rite aid say they decided to scrap their nearly $9.5 billion merger deal because after 18 monlts of negotiatin would blocked. >> based upon feedback we have received that led us to receive they would not approve the merger. will give rite aid access to drugs at a pigger discount through wholesalers. >> in my firm belief of the english faith where the -- there is a way that 2 million can despite find a deal that believes any trouble. >> during the merge erlg process, but analysts say the tc may still have concerns about consolidation. >> there could be some diftty because it could give walgreens more negotiation leverage. it gives them an edge and grows their market share. they're already the largest player there. >> walgreens ceo says this smaller deal will still help the company achieve the growth it needs. an environment which will get more promising with reports that amazon is now exploring the pharmacy business. the expresse doubt! i that amazon will be interest nd the near future in the next few years. in the market because they have so ma
. >> bertha coombs has more. >> walgreens and rite aid say they decided to scrap their nearly $9.5 billion merger deal because after 18 monlts of negotiatin would blocked. >> based upon feedback we have received that led us to receive they would not approve the merger. will give rite aid access to drugs at a pigger discount through wholesalers. >> in my firm belief of the english faith where the -- there is a way that 2 million can despite find a deal that believes any...
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Jun 14, 2017
06/17
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CNBC
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. >> let's get over to bertha coombs >> pretty dramatic we saw that reversal yesterday as tech stocks rebounded from the two-day selloff. take a look at the 100 intraday. it's sell the usual suspects that's where you saw the sharpest decline we've come off of the lows right now. but we're still seeing a big drag from the big names. apple, facebook, amazon, and microsoft. that's the biggest drag here on the nasdaq we're seeing a few sectors buck the trend. also getting sold off hard today, tesla however has managed to buck the trend and stay above water after hitting an all-time high today we're seeing a bit of green when it comes to bioteches. once again, it's sell the big tech overall today >> yeah, for sure. thank you, bertha. we have 15 minutes to go to the close now. with the dow positive and most of the other indexes averages lagging, the russell down 0.75% and s&p down 0.25% >> those defensive stocks holding up the dow at least for now. as well as goldman sachs interestingly enough >>> coming up, aig's chief investment officer will speak to us about their investment portfolios >
. >> let's get over to bertha coombs >> pretty dramatic we saw that reversal yesterday as tech stocks rebounded from the two-day selloff. take a look at the 100 intraday. it's sell the usual suspects that's where you saw the sharpest decline we've come off of the lows right now. but we're still seeing a big drag from the big names. apple, facebook, amazon, and microsoft. that's the biggest drag here on the nasdaq we're seeing a few sectors buck the trend. also getting sold off hard...
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Jun 9, 2017
06/17
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CNBC
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bertha coombs is up town with the movers. >> the irony is we hit an all-time high on the nasdaq this was really led by tech once again. you had an all-time high in the nasdaq 100 and then that selloff just really precipitated this afternoon. we ended up with 400% more than the average daily volume when it comes to the qqqs, and chips were what were leading the way. that negative note from citron research on nvidia helping send that to a huge plunge today. these were other names at all-time highs. lam research, kla-tencor, also facebook as well. then you add in the other big cap tech names, goldman sachs with a note out midday as well talking a bit about the fact that these have gotten ahead of themselves or a little overpriced, and that led to the selloff. about half the selloff in terms of the point impact coming from just five stocks including facebook, apple, amazon, microsoft, and alphabet. back to you. >> easy come, easy go for those fang stocks. >> down is always quicker, i was always taught. down is quicker. is this good riddance to the technology stocks that have been leading
bertha coombs is up town with the movers. >> the irony is we hit an all-time high on the nasdaq this was really led by tech once again. you had an all-time high in the nasdaq 100 and then that selloff just really precipitated this afternoon. we ended up with 400% more than the average daily volume when it comes to the qqqs, and chips were what were leading the way. that negative note from citron research on nvidia helping send that to a huge plunge today. these were other names at...