亚洲色吧

The 2020 election is just two weeks away. And with millions of Americans having , it鈥檚 pretty much already here. Healthcare is always among the top issues. And, in light of the COVID-19 pandemic, that鈥檚 certainly the case this year.聽

In August, healthcare ranked as to registered voters (behind the economy). With that in mind, we chatted with Chris Byrd, who is the executive vice president of strategy for 亚洲色吧鈥檚 health division. Byrd provided valuable insight on what healthcare could look like if President Donald Trump is re-elected or if former Vice President Joe Biden is elected.

Trump re-election

Choice is at the center of the incumbent鈥檚 healthcare views. Just a few weeks ago, President Trump , which included 鈥渕ore choice鈥� for healthcare options. And, earlier this summer, his administration also to strike down , stating that the law is unconstitutional. The individual mandate of the ACA was effectively repealed () by Congress in 2019 as part of tax reform.

鈥淭he administration is a big supporter of choice,鈥� Byrd said. 鈥淭hat鈥檚 choice for insurers, employers, and healthcare consumers. In particular, President Trump has been a very big supporter of health savings accounts (HSAs). We鈥檇 expect that to continue in a second Trump term.

Byrd also said that reining in drug prices could be a focal point if Trump is elected for another four years. 鈥淭hat鈥檚 something Trump campaigned on in 2016,鈥� Byrd said. 鈥淚t鈥檚 really hard to wrestle that one to the ground. 鈥� If he were re-elected, I think he would make that a cornerstone of his health initiatives.鈥�

Biden election

Having served as Vice President to Barack Obama, Biden was a central figure for an administration that ushered in the ACA. So it鈥檚 no surprise that Biden鈥檚 healthcare plan is . That includes giving consumers a public option, which they could choose between that or the private insurance they already have.聽

鈥淎s opposed to Medicare-for-all or a single-payer system, Biden supports setting up a public plan that competes with private insurers for people鈥檚 business,鈥� Byrd said. 鈥淧eople could then choose to opt out of their employer plan and buy into that public option.鈥澛�

Biden has also contrasted his plan to contain the COVID-19 pandemic with President Trump鈥檚 approach. Biden calls on that includes expanded contact tracing and testing.聽

Polling today

Updated polling is becoming more and more frequent as we get closer to Election Day on November 3. For the latest polling, click here for:聽

Would you like to hear more election insight from Chris Byrd? Listen to our Benefits episode previewing the U.S. election.聽

The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own counsel.