If at first you don’t succeed, try, try again. President Donald Trump and congressional Republicans are not giving up on repealing and replacing the Affordable Care Act, even after their first attempt at healthcare reform fell flat.
After meeting with former Republican congressmen and senior advisers to Trump, Height Securities analyst Andrew Parmentier is convinced that Republicans will be taking another stab at healthcare reform in the near future.
At A Fork In The Road
According to Parmentier, Republicans have two possible paths on healthcare. The first path is to start with House Speaker Paul Ryan’s American Health Care Act (AHCA) and modify the bill to gain the support of the ultra-conservative House Freedom Caucus. Freedom Caucus chairman Mark Meadows indicated that the caucus could be onboard with the AHCA if the bill included provisions allowing individual states to opt-out of enforcing Essential Health Benefits (EHBs) and community rating requirements.
If Republicans aren’t able to find common ground using the comprehensive AHCA as a starting point, Parmentier says that they will likely put together a “skinny” version of healthcare reform that includes a handful of changes that would be widely popular, including the elimination of the individual mandate and several ACA-related taxes.
“The least comprehensive, or a ‘skinny’ version of ACA repeal, would represent a consolation by Republicans who feel the need to do ‘something’ but in the current political environment cannot come to agreement around anything but the lowest-hanging fruit,” Parmentier explained.
Height expects…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
