Post-midterms, both parties willbe eyeing the 2020 presidential election, and one of the key topicswill be what the social contract with America looks like. (Photo:Shutterstock)
The famous ancient Chinese philosopher Lao Tzu stated that“Those who have knowledge don't predict. Those who predict don'thave knowledge.” Keep that in mind as you read this, as thisarticle was drafted in advance of the elections!
While we are still waiting on results of the election, we wantedto provide some perspective on the likely outcomes, specifically onwhat the impact might be on the insurance marketplace, the health care deliverysystem, the advisors and employers that interact (plan, strategize,implement and execute) and most importantly, the employees thatparticipate in the employer-sponsored benefit plan.
What can we expect?
Operating under the assumption that the House of Representativesis Democratic controlled while the Senate will remain Republicancontrolled, it does not seem there will be any advancement in policies that will modify eitherapproach in the direction of the past two years with respect to theAffordable Care Act (ACA) or the recently announced AssociationHealth Plan (AHP). Both are intended to make health care moreaffordable, and both will fail to meet the test.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
