The Healthy Muse
The Trump administration challenges Obamacare, Democrats release their healthcare plans, price transparency wins, and re-surging COVID-19 cases nationwide.
The Healthy Muse Healthcare market update

The Healthy Muse Healthcare market update
Healthcare stocks sold off after news emerged this week about re surging cases.

Healthy Muse Healthcare News.




Trump wants Obamacare gone.

On Friday, the Trump admin asked the Supreme Court to strike down the ACA in its entirety as a part of the ongoing Texas. Vs. U.S. case.

The basics: The Supreme Court has been asked to figure out whether ACA is still constitutional even after Congress got rid of the healthcare bill’s ‘Individual Mandate‘ clause, which was basically a $$$ penalty for people who didn’t buy insurance.

  • If the Supreme Court agrees that Texas has a case with this argument, then the judges will then decide whether Congress made the individual mandate unconstitutional by eliminating it.
  • If the individual mandate is deemed unconstitutional, then the judges will determine whether that ruling makes the ACA as a whole unconstitutional/illegal.

Although the ACA’s legality has gone to the Supreme Court two other times already, many consider this challenge the most serious to-date.

What would losing the ACA mean? All of the healthcare things you’ve heard about over the past 8 years (here’s a brief summary) – AKA, pre-existing conditions, Medicaid expansion, and more – would vanish.

Read up:

How about the Democrats?

Meanwhile, Democrats in the House prepared a largely symbolic healthcare bill to prepare a healthcare platform for the upcoming election. The bill’s contents include popular Democratic healthcare proposals like expanding Obamacare markets, removing short-term insurance plans, giving Medicare the ability to negotiate with drug makers directly, and lowering the Medicare age to 50 (from 65).

  • While the bill is DOA in the Senate, the proposals give you a fantastic preview of what’s to come if Biden wins in November. Read more about Biden’s ideas in our healthcare election HUB.

Price transparency update.

Behind this week’s major ACA news, a federal court ruled against hospitals in the ongoing price transparency battle going on between insurers/providers and the Feds. Read more about what’s been happening with price transparency here.

Coronavirus.

What you need to know:

Global coalitions are working on getting vaccines as soon as possible. The death rate is dropping (for now, but hopefully permanently too), but cases are surging. Younger people aged 20-44 make up about HALF of new COVID cases. States like Arizona, Texas, and Florida are pausing their reopening plans due to a surge in cases. Read more about the new surge here.

Now for some good news.

As the world reaches 10 million cases, doctors are seeing hope in new treatments. According to this Reuters article, physicians feel much more prepared for a second wave.

  • Why’s that? Because they know a lot more about the disease, including side effects, the right drugs to use, and the best way to treat different kinds of patients. As a result, the death rate is expected to continue to drop.

More things to know.

Quick Hits

Biz Hits

State Hits

  • Idaho just made its telehealth expansions permanent.
  • In Florida, LHC Group and Orlando Health announced a joint venture on Wednesday. Each side will contribute three home health clinics for a total of six clinics in the greater Orlando area.
  • Texas suspended elective surgeries and paused its reopening plans this week. “To state the obvious, COVID-19 is now spreading at an unacceptable rate in Texas,” Governor Greg Abbott said this week.
  • States like Washington and North Carolina are now making mask wearing mandatory. You probably should just wear one anyway.
  • New York, New Jersey and Connecticut imposed a 14-day quarantine on travelers from coronavirus hot-spot states

Other Hits

Thought-Provoking Editorials

  • Covid-19 and the Need for Health Care Reform (NEJM)
  • The coronavirus prison crisis won’t just stay behind bars. (NY Times)

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