The White House has postponed its rollout of a new proposal to address health care costs aimed at averting a spike in premiums driven by the expiration of key Affordable Care Act subsidies, a White House official said.

The White House is circulating a draft proposal that would extend Affordable Care Act subsidies for another two years, offering

The White House is circulating a proposal that would extend subsidies to help consumers pay for coverage under the Affordable Care Act for two more years, as millions of Americans face spiking health care costs when the current tax credits are set to expire at the end of the year.

A White House proposal would extend subsidies to help consumers pay for coverage under the Affordable Care Act for two more years.

Oscar Health (OSCR) stock surged on Monday alongside reports that the White House plans to reveal a two-year extension to Obamacare subsidies that will expire at the end of the year. These subsidies have kept health insurance prices low for many who use the Affordable Care Act (ACA) Marketplace.