So let’s talk about the Trump health plan, which they say doesn’t exist right now. And the reason for that is very simple.
The Affordable Care Act was in the can for years and it was torturously written so as not to look like a tax, which is exactly what it was ruled to be from the US Supreme Court. So the wordsmiths that are in the Swamp as we have been known to hear it called, had already cooked up the Affordable Care Act long before it was ever launched under President Obama.
So the Affordable Care Act was a carefully crafted policy that was setting our country on the rails to a single payer system. So when you have comments or questions coming to the Trump, campaign about what his plan is to replace the Affordable Care Act.
There is no replacing it. There’s a patch, there’s a workaround, or there’s a full on repeal. However, there are too many popular components of that law. The safety net is in place and I don’t foresee anything going forward that’s gonna replace the whole thing.
Now, will there be amendments? Yes.
Will there be adjustments? Yes.
Will there continue to be a public and a private offering? The magic eight ball says yes, because anywhere there’s been a publicly funded medical plan, whether it’s the US or Australia, you always see an overlay or a secondary or private healthcare plan to supplement what the government does, because guess what?
The government does not have enough money. They cannot print enough money to cover the costs of everyone’s whim and folly, which we are currently seeing with the use of this GLP -1 business. Weight loss is sweeping across the nation. Everybody’s cutting weight, even though the facts are in on the dramatic weight loss being 70 % of muscle mass as opposed to regular fat.
So the long -term effects aren’t even in place yet we have the federal drug administration, the FDA approving prescription drugs to have weight loss at a breakneck pace without the true long -term effects being studied. So I will say to you that summary for the Trump campaign versus the Harris campaign is you can expect both of them to look at the Affordable Care Act as their go -to. And for Harris, they could certainly rest on their laurels because it is working towards a single payer option. And for Trump, you can look at their campaign and if they’re elected presidency to patch and amend what is currently in place. You’ve already seen Trump try to manage the cost of prescription drugs and which…
did take effect during his administration. So that’s going, yet the drug market continues to proliferate with high cost medications because as we know, there ain’t no money in the cure, the money’s in the medicine. I’m John Clay and this is your Healthcare Minute.