President Donald Trump will propose a two-year extension to enhanced subsidies under the Affordable Care Act to avoid a massive spike in premiums next year, sources told Politico.

The proposal would require a minimum premium payment and limit eligibility for the subsidies, which come in the form of tax credits, to enrollees with income up to 700% of the federal poverty line, the report said.

The administration is also seeking an option that would let enrollees to get part of their tax credit through a savings account, according to Politico. That’s after Trump had suggested earlier that consumers receive subsidies directly.

The White House didn’t immediately respond to a request for comment.

Meanwhile, shares of insurer Centene, which is a top participant in public health exchanges, jum

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