Donald Trump has said that he will repeal and replace Obamacare within his first 100 days of office and I strongly believe that this is going to be good for businesses that have been negatively impacted by the burdens of the ACA. He plans on strengthening Health Savings Accounts (HSAs), which will be a key component to driving more consumers toward high-deductible health plans (HDHP).
While unpopular in the past, these plans have more affordable monthly payments and the HSAs place responsibility back on the employees, which will lead to more judicious healthcare spending. Trump is absolutely right to improve the HDHP and HSAs; he will save companies substantial money if they opt for the HDHP and employees will have greater coverage than previously. The less companies pay for healthcare, the more jobs they can provide.
Managing Director of ACM Capital Partner
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