Trends Report

What A Biden-Harris Administration Means For The Healthcare Industry

February 1st, 2021

Summary

The new administration will protect and expand the Affordable Care Act (ACA). This will positively impact healthcare insurers and providers both operationally and financially. Health insurers will see a larger financial government opportunity met with greater competition from the public and private sector. Healthcare providers should expect a loss in revenue from the elimination of surprise billing beginning in 2022. However, more widespread coverage under an expanded ACA will help lower levels of bad debt. There will be more mental health visits as the new administration focuses on stigma, access, and parity laws. Use the upcoming effects of the Biden administration to better position your firm for success. Schedule an inquiry for more information.

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