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  • Posted by Melinda Shorr
  • January 9, 2014
  • Blogs

Affordable Care Act

What does the future hold for the US pharma industry?

Everywhere you go in the States, you hear talk of the Affordable Care Act, also known as ObamaCare.  In essence, the ACA is designed to broaden coverage to the millions of Americans who have not had healthcare in the past due to not being employed or just not being able to afford it.  ACA had a rocky time getting passed into law and now that it has launched on January 1, 2014, things are not getting much  easier.  After the President promised that no one who likes his/her doctor would have to switch doctors,  some folks are being dropped by their insurance and do have to leave their doctors.  Younger people almost certainly have to pay more than they have been paying for coverage because the way the new system is structured,  younger, healthier people are underwriting the costs for older people who utilize the healthcare system more frequently (and at greater cost). At the core of the debate is a values questions:  some people truly believe that everyone should have access to the healthcare system as provided by the ACA. Others exude a really American spirit of not wanting any government intervention or interference in their lives. So despite…

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