Mark Lutes, a Member of the Firm in the Health Care and Life Sciences practice, in the Washington, DC, office, was quoted in an article titled “Despite ‘Repeal and Replace’ Rhetoric, Exchanges Would Survive a Romney Win.”
Following is an excerpt:
Mark Lutes doesn’t think federal premium assistance would survive a Republican presidency. And without subsidies, exchanges probably won’t be very widely used. Rather than remaking the individual and small group insurance markets, exchanges under a Republican administration would be used primarily to make it easier for consumers to shop for and buy coverage online.