Insurance Industry Reeling, Bracing For Total Upheaval After Election Surprise
Every part of the insurance industry could be affected by the policies Donald Trump, in support of congressional Republicans, has promised to enact.
Trump, GOP Sweep May Disrupt Every Corner Of Health Insurance Market
Republican Donald Trump's presidency is primed to upend every corner of the health insurance industry that has spent the past six years acclimating to the rules of the Affordable Care Act. That shift will spill over to Americans with practically any type of health coverage—Medicare, Medicaid, employer-based or individual—which is creating anxiety for many in the industry and consumers alike. Among the most immediately affected were Medicaid-centric insurers, such as Centene Corp., Molina Healthcare and WellCare Health Plans, which took a beating in the stock markets Wednesday presuming the flood of Medicaid enrollees will come to a screeching halt. (Herman, 11/9)
The Washington Post:
Winners And Losers In The Health-Care Industry Under President Trump
With much about President-elect Donald Trump's health-care agenda still unclear, the health-care industry's initial response to his election has been scattered. Hospital stocks were down. Health insurers' stock prices were mixed. Pharmaceutical and biotech stocks, on the other hand, got a big bump. Trump's clearest policy position in health care has been his commitment to repealing the Affordable Care Act and replacing it with another policy. But the responses to his election varied in large part because the details of exactly what would replace the Affordable Care Act and how that transition would occur have been vague. (Johnson, 11/9)