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Dr. Oz says ‘there are discussions' on extending Affordable Care Act subsidies as Republicans scramble to address soaring healthcare costs [Fortune]

IBERDROLA SA S/ADR (IBDRY) 
NASDAQ:AMEX Investor Relations: iberdrola.com/shareholders-investors
Company Research Source: Fortune
In an interview Sunday on CNN's State of the Union , he was asked if there are any conversations about extending them, even on a short-term basis, given that insurance costs will more than double if the new year begins without the subsidies. “There are discussions around extending the subsidies, if we deal with the fraud, waste, and abuse that right now is paralyzing the system,” he replied. Oz added that there are also ways to put money “in the pockets of Americans,” alluding to President Donald Trump's suggestion earlier that direct payments could take the place of tax credits that currently offset the cost of insurance on ACA marketplaces. He also said Trump's tax-and-spending package initially had provisions for cost-saving tools that would have cut premiums by 10%, but Democrats pushed to have them removed. “So they're already ideas we've put out there,” Oz said, stressing that he is looking at ways to make the system sustainable for decades. The enhanced ACA subsidies Show less Read more
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