Trump’s win may hurt hospitals and help pharma
But two local health system chief executives said it will be hard do away with the landmark 2010 law, especially because
"Governing is a lot more difficult than being on the campaign trail," said
"Look, the ACA has added coverage for 20 million people. That's good. It's good for the 20 million people, and it's good for our industry. I don't think that's going to be easily undone, nor should it be," Miller said.
Miller said he was not worried about UHS's stock price, which was off as much as 18 percent before recovering to close down 7 percent, at
Other publicly traded hospital companies with
"They needed some fixing or tweaking, so if he decides to repeal and replace, the question is what he is going to repeal and replace with. With 11 million people there, my guess is they don't want to just drop those people totally," Muller said.
Even without congressional support, "there are some ways a new administration could through neglect try to undermine the sustainability of the program," said
"There are other big changes that have to go through
While hospital stocks were hammered, pharmaceutical shares went in the opposite direction, as a repeal of the ACA could remove the latent threat on price controls on drugs. Shares in
More broadly, the outlook for the region is negative, said
"The
On the trade front, life could get harder for
Trump cannot do that without
The impact would be significant in the
"If the nation takes a truly protectionist stance, all regions are going to feel that in a very significant way, and they are going to feel it in terms of jobs," said
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