Healthcare has been a hot topic in recent months, playing a key role in the US presidential campaign and forming one of Trump’s main legislative priorities. Beyond politics, changing demographics and technology are impacting the industry, which continues to offer attractive investment opportunities.
After taking power in January, President Trump announced that one of his first priorities was to “repeal and replace” as much of Barack Obama’s Affordable Care Act (ACA) 2010, otherwise known as Obamacare, as possible. However, “Trumpcare” fell at the first hurdle when it failed to gain enough support from Republicans to pass Congress.
In its original form, Trump’s American Health Care Act aimed to introduce tax credits to help people buy insurance; remove limits on healthcare savings; lift fines for the uninsured; allow insurance companies to set their own prices; and cut women’s healthcare services. It remains to be seen whether the Republican Party will be able to overcome internal differences to agree on a more palatable deal.
"The healthcare sector, particularly pharmaceuticals, is traditionally policy-sensitive in the US"
"As demand for healthcare resources increases, so will the need for innovation"
28 Apr 2017Philanthropy can be the ‘risk capital’ or ‘creative capital’ that society depends upon to fund innovative solutions to pressing social or environmental issues. In our Million Dollar Donors Report, interviewees shared their insights on their attitudes towards risk and why taking informed risks is a key to their success.
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