House Panel Subpoenas Health Insurers Amid ACA Fraud Probe; Europe Plans Post-US Defense Shift

Key TakeawaysThe U.S. House Judiciary Committee Republicans have issued subpoenas to eight major health insurers, including Elevance Health (ELV), CVS Health (CVS), Centene (CNC), Guidewell, and Oscar Health (OSCR), as part of an expanding investigation into potential fraud related to Affordable Care Act (ACA) premium subsidies.European officials are actively developing plans to gradually assume greater responsibility for the continent's defense, aiming to potentially replace U.S. strategic forces in Europe ...