Page 20 - January 2021 South Florida Hospital News
P. 20

2021... A LOOK AHEAD...2021... A LOOK



                                                                                  Cover Story: What Now?

                                                                                 Continued from page 1
                                                                                  central distribution point. But from there,   Another area where the Administration
                                                                                  to get to areas for dispensing, this is where   will have a policy focus will be to bring
                                                                                  things get much more complicated.    down pharmaceutical prices. There is a
                                                                                   And, what about other aspects of health   desire by the Administration to enable the
                                                                                  care policy going forward? With the real-  Medicare authorities to negotiate down
                                                                                  ization that the Patient Protection and   the prices paid for the pharmaceuticals.
                                                                                  Affordable Care Act essentially survived   Surprise billing is an additional policy
                                                                                  the past four years including the first two   goal.
                                                                                  years of President Trump’s term when the   One other area that has not been on
                                                                                  House, the Senate, and the Executive   anyone’s radar but needs to be is the fact
                                                                                  branch were aligned politically, it is almost   that Medicare Part A is expected to
                                                                                  assured that the Affordable Care Act will   become insolvent in the year 2024. This
                                                                                  continue on and will be built upon over   has been stated by the Trustees of the
                                                                                  the next four years.                Medicare system itself. It should be noted
                                                                                   And even though the Individual Man -  that this has recently been moved up from
                                                                                  date had been eliminated as a driver for   the year 2026 due, in part, to the COVID
                                                                                  people to sign up for health insurance   Pandemic and its impact on the Medicare
                                                                                  through the Exchanges, nonetheless the   population. We must remind ourselves
                                                                                  number of individuals signing up volun-  that 2024 is but three years away. This
                                                                                  tarily for an insurance plan through the   means that the Biden/Harris Admin -
                                                                                  program continues to be significant.    istration and Congress will have to be
                                                                                   With incoming President Biden having   aware and potentially act. There are three
                                                                                  been directly involved in the development   variables in dealing with the inability of
                                                                                  of “Obamacare”, and with the realization   the Medicare program to fully fund its
                                                                                  that this has been the law of the land now   expenditures.
                                                                                  for over ten years we can anticipate that   These variables are to cut benefits to
                                                                                  this will continue as law over at least the   Medicare recipients, increase Medicare
                                                                                  next four years. Y                  taxes on the working population, or to
                                                                                   es, it is true that the Supreme Court has   cut reimbursement to providers. It has
                                                                                  been asked to review the constitutionality   been the latter exercise that has been a
                                                                                  of the law and is expected to rule this   significant part of our process for the last
                                                                                  Summer of 2021. The Supreme Court   several years. Deeper cuts however will
                                                                                  rarely overturns a piece of legislation that   be required. None of these scenarios are
                                                                                  has been ratified through Congress, espe-  pretty.
                                                                                  cially after it has been law for this many   So, there we are. We will see where we
                                                                                  years. I would be surprised to see the law   ultimately end up with healthcare policies,
                                                                                  overturned, though the unknown is how   processes, and outcomes. I have a feeling
                                                                                  several new Supreme Court Justices will   we will be having future discussions
                                                                                  review the situation.               through this and other venues as we go
                                                                                   One aspect of the Biden/Harris policy   forward. Please stay safe.
                                                                                  concept is that a federal Medicare type
                                                                                  program be available as an option for     Dr. Steven G. Ullmann, Professor and
                                                                                  those not happy with their private insur-  Chair, Department of Health Management
                                                                                  ance options. This option is also seen as a   and Policy, Director, Center for Health
                                                                                  policy goal for those individuals who      Management and Policy, and Special
                                                                                  reside in states that have not expanded   Assistant to the Provost at Miami Herbert
                                                                                  Medicaid (such as Florida) and who have   Business School, University of Miami,
                                                                                  an income level below 138 percent of the   can be reached at (305) 284-9920 or
                                                                                  Federal Poverty Level.                               Sullmann@miami.edu.




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         20                       January 2021                                                           southfloridahospitalnews.com                                                                       South Florida Hospital News
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