What will the election's outcome mean for the health law?

Published on November 7, 2012 at 6:44 AM · No Comments

The stakes are high for the health law's future with the vote either sealing the measure's implementation or becoming its undoing. However, some of the changes it includes have already been internalized by the health care marketplace.  

Kaiser Health News: Election Will Decide Health Law's Future
The highest court in the country upheld most of the Affordable Care Act in June. But everybody knew it was only an overture. The law 'will fall in November by a vote of the American people,' Mississippi Gov. Phil Bryant pledged that day, speaking for many other Republicans. Democrats were more reluctant to paint the election as a referendum on what even they came to call 'Obamacare.' But privately they admitted the stakes (Hancock, 11/5).

Kaiser Health News: Employers Expected To Keep Some Of Health Law's Popular Provisions, Even If Obama Loses
Employers will continue looking for ways to cap expenses, moving toward higher deductible policies, or placing limits on how much they pay toward their workers' premiums -- both trends that predate the federal health law, analysts say (Appleby,11/5).

Los Angeles Times: Wall Street May Rally Regardless Of Presidential Election Winner
If nothing else, the end of the grueling presidential campaign will bring a long-awaited dose of certainty to the stock market. Given the divergent economic and fiscal policies of President Obama and Republican challenger Mitt Romney, investors have strained for months to divine who will win and how they should position their portfolios. … A second Obama term, for example, could boost shares of technology and alternative-energy companies. It also could help industries as varied as home builders, hospitals, fast-food chains and aluminum makers, analysts say. A Romney victory, by contrast, could lift financial-services firms, coal and other energy producers, high-end retailers and restaurants and dividend-paying companies. … Meanwhile, health care companies and their investors have been watching the campaign closely in light of Romney's repeated vow to repeal Obama's signature law, the Affordable Care Act. The federal health care overhaul imposes new rules on insurers and cuts reimbursements for many hospitals. But some experts think the net effect could be positive for many health care companies because the law expands coverage to an estimated 30 million Americans and requires most people to purchase health insurance (Hamilton, Terhune and Reckard, 11/6).

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