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We continue to give ~75% odds that the reconciliation/ tax bill is likely to pass Congress this summer and to include many other tax provisions than just those from the 2017 Tax Cuts and Jobs…

We continue to assign ~35% odds to Congress including Medicaid Most Favored Nation (MFN) price controls into its broader reconciliation bill given: (A) the complexities of such a policy; (B) the expedited timeline lawmakers are…

Notwithstanding a recent CMS memo advising insurers to design their Obamacare plan bids assuming expiration of the enhanced premium subsidies at year-end, we remain optimistic that Congress ultimately settles on a middle ground (revision and…

This week, with the not-so-surprising postponements of key House committee reconciliation markups, the focus will be on cobbling together a reconciliation bill. We could see a major trade deal announced this week. There is some…

We believe President Trump’s “skinny budget” proposal, released today, is mostly dead on arrival and could easily lead to a government shutdown at year’s end or early next year. We expect a more detailed version…

With GKOS shares down pre-market amid questions on its earnings call last night regarding the Medicare policy issues affecting iDose and iStent sales, we offer the following takeaways: We generally agree with the company that,…

Congressional Republicans have begun marking up the reconciliation bill this week passing out of committee $150 billion in increased defense spending. The House Judiciary Committee is expected to approve legislation providing $45 billion in funding…

A week away from an anticipated House Energy and Commerce committee (E&C) hearing – and whose timing could easily slip – we do not see any release of pressure on Medicaid insurers [CNC, MOH, ELV,…

Late last week the U.S. Supreme Court (SCOTUS) ordered the parties in Kennedy v Braidwood – evaluating mandatory cost-free coverage of preventive services recommended by the U.S. Preventive Services Task Force (USPSTF) – to submit…

The House is expected to begin marking up the reconciliation / tax bill this week, as Congress returns from a two-week recess. The lower chamber is also poised to consider legislation to repeal California’s electric…