Many are eager for this year's election cycle to come to a close, but many unknowns will remain, even once the final ballot is cast and counted. We set out to solve one mystery -- the state of the benefits industry -- by asking experts what they think is in store under Donald Trump or Hillary Clinton. Share your thoughts in the comment section below.
Wrong question?
Predicting the impact on the benefits industry based solely on the results of the presidential election is a little like trying to answer a math equation without knowing all of the numbers or the operation to be performed; it's a wild-ass guess.
Sure, the eventual presidential winner will attempt to set the tone, but the real impact to the industry will be determined by the makeup and attitude of both the House and Senate; it will also be influenced by the filling of the vacant Supreme Court seat. Both candidates are so divisive that, even if you knew exactly what they wanted to happen, the surest bet might be to predict the opposite, knowing that even their own party may prefer the distance.
Kevin Trokey, founding partner & coach, Q4intelligence
Wild card or more of the same?
If HRC gets elected, as I feel is the more likely scenario, we will continue down the path we are on, which will likely support the ACA and continue expanding it, perhaps with a public option and maybe even single payer, although I believe that to be a bigger hurdle than some people feel, and I do not believe that was the intent of it all along.
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