Bob Atlas, a Strategic Advisor and President of EBG Advisors, Inc., in the firm’s Washington, DC, office, and Timothy J. Murphy, an Associate in the Health Care and Life Sciences practice, in the firm’s Washington, DC, office, authored an article in Managed Healthcare Executive, titled “Five Key Takeaways from Trump’s Budget Proposal.”
Following is an excerpt:
President Trump’s full fiscal year (FY) 2018 budget proposal, A New Foundation for American Greatness, suggests major funding reductions in health that, if enacted, could shake the foundation of the U.S. healthcare system. The proposal does not appear poised to be taken up in congressional appropriation measures. Even Republican senators have indicated the proposal is a non-starter, with some going as far as to declare it “dead on arrival.”
Nevertheless, the proposal highlights Trump administration priorities and can give stakeholders insight into future policy changes that could be included in efforts to “repeal and replace” the Affordable Care Act (ACA) or through other legislative vehicles.