Government Healthcare Policy, Business and Technology

GOP Senate majority may mitigate policy risk for healthcare industry

Modern Healthcare: Republicans appear likely to hang on to control of the Senate as more races were called on Wednesday, and a divided government would mitigate the risk of the most extreme healthcare policy reforms industry feared.

Democrats' healthcare wish list items such as a public health insurance option and allowing Medicare to negotiate drug prices will likely be off the table if either party holds a narrow Senate majority. That improves the predictability of financial prospects for health insurers and drugmakers. However, divided government could also make it more difficult for Congress to nimbly respond to courts' decisions on the Affordable Care Act.

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