Obama or Romney: How 2012 Elections Will Impact Exchanges
Elections are just a day away, and the results will have a huge impact on the future of U.S. healthcare. But whether President Barack Obama remains or former Massachusetts Governor Mitt Romney is elevated to our nation's highest office isn't the only race that healthcare CFOs need to watch. The Senate races will also influence the policies adopted and enforced in the coming years.
The fate of health insurance exchanges (HIX) is particularly dependent on which party controls the Senate. I spoke with a health and public policy expert to find out how the Presidential and Senate elections could impact HIX.
"Exchanges are like a Travelocity for health insurance, and aren't political except that it is a feature of 'Obamacare.' The exchanges concept wasn't a politically partisan one, though. It's found in Romney's Massachusetts plan too," says Dick Cowart, chair of the health and public policy department at the Baker Donelson law firm.
Healthcare executives are more supportive than suspicious of HIX, according to our HealthLeaders Media annual industry survey. Just under half of the 823 leaders in the survey say they view HIX as an opportunity, while 19% see exchanges as a threat.
- New G-Codes to Pay Doctors for Broad Array of Non-Face-to-Face Care
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- Telehealth Improves Patient Care in ICUs
- Hospital M&A Volume Up, Value Down in 3Q
- 50 Years of Fighting Pressure Ulcers Called Into Question
- Douglas Hawthorne—A Chance to Do Something Big
- States Rejecting Medicaid Expansion Forgo Billions in Federal Funds
- Why You Should Involve Patients in Nursing Handoffs
- Nonprofit Hospital Outlook 'Negative' in 2014
- The 5 Biggest Healthcare Finance Trouble Spots