Trending News Today: CMS Finds Obamacare Out-of-Pocket Costs Overblown

Critics have said the premiums for Obamacare plans and out-of-pocket costs are too high and the requirements are too extensive. A recent report from the US Centers for Medicare and Medicaid Services has found that these plans are not as expensive as previously thought since subsides reduced the cost of deductibles and copayments. The medium deductible discovered was approximately $850, which was $50 less than last year, according to NPR.

The FDA recently removed a clinical hold on Juno Therapeutics Inc’s trial of JCAR015, a leukemia treatment. The hold was placed on the trial due to the death of 2 patients with B cell acute lymphoblastic leukemia potentially related to the treatment, The Wall Street Journal reported. Juno will submit revised versions of trial protocol and consent forms to the FDA.

Illinois insurance regulators have started taking steps towards shutting down Land of Lincoln Health, an insurance co-op. The co-op lost $90 million in 2015 alone, and lost more than $17 million through May of this year, according to ABC News. A 60-day enrollment period for current policyholders will be created to assist them with finding new coverage.