Thorn Run Partner's Billy Wynne recently published an article in Health Affairs, sharing five reasons why he believes the Affordable Care Act (ACA) will not be repealed. Among other things, Wynne explains that ACA repeal does not mean gutting the entire law which contains roughly 424 sections and that Republicans would have to face the choice of shattering a burgeoning consumer-driven market. "In conclusion, there’s ample reason to believe that enough Members of Congress and maybe even the President-elect will eventually find it irresponsible to move forward in this haphazard, two-step fashion," Wynne writes. "Some are starting to demand the menu be hashed out before they are asked to sit and eat. That shouldn’t be too much to ask. If it is, well, that tells us all we need to know about the truth behind 'repeal and replace.'"
TRP in the News
This morning's "Morning Money" piece from Politico, made predictions about future work by the Trump Administration and Republicans in Congress to repeal parts of the 2010 Dodd-Frank financial reform law. As a part of that discussion, the article heavily cited the introduction to this week's Financial Services Report written by Thorn Run's Jason Rosenstock. According to Jason, "[T]he transition team has made clear its goal to dismantle Dodd Frank. While Democrats appear to be digging in against a broadside attack, there is a sense that some elements of Obama’s legacy in the financial services space will be either undone or significantly modified."
In a Biz Philly article entitled 5 Concerns Philly Business Leaders Have about the 2016 Election, Thorn Run Partner’s Richard White weighs why none of the Presidential or congressional candidates have a finalized tax plan. “They’re politicians, and they’re putting out what will appeal to the base,” he says. The article notes that it is difficult for businesses to fully align with candidates because their plans keep changing. “What was discussed in January is not what they are talking about now, and what they’re talking about now is not exactly what they’ll move forward with if elected,” the article says. “The plans are also vague, so we have to look to how these candidates have voted before.”
After the Centers for Medicare and Medicaid Services (CMS) released their 2,200+ page Final Rule implementing the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), TRP's Billy Wynne quickly provided epigrammatic analysis published via the prestigous Health Affairs blog to help readers break down and understand the new rule. Specifically, Wynne provides additional insights regarding key provisions of the rule, what it means for physicians and related providers, and potential next steps.
TRP's Billy Wynne was featured in an article today by CQ Healthbeat in which he provides insight on congressional interest surrounding Medicare's soon to be unveiled final rule for a new doctor payment system. The rule, known as MACRA, intends to ease doctors into a new system where their Medicare reimbursement is partially tied to judgments about the quality of care they provide. Wynne explains that many physicians do not know that this law softens the future blow of the potential penalties already in place through Medicare’s existing quality measures, and instead may attribute 2017 reductions in pay to the law. Furthermore, he says lawmakers will have a good chance next year to tuck small changes in MACRA into a larger Medicare bill if there’s substantial outcry about the new rules.
In today's "Morning Money," Politico quoted Thorn Run Partner's Jason Rosenstock on tonight's Vice Presidential debate and whether the candidates are likely to discuss Wall Street. “The main purpose of a vice presidential debate is to show the voters an insight into the candidates' decision making process," Rosenstock says. "To the extent that any issue resonates, and Wall Street and banking issues could be one of them, it will likely be passing at best. People expecting fireworks from the debate – either rhetorically or via policy announcements- are going to be disappointed.”
For Immediate Release: September 15, 2016
Contact: Billy Wynne, (202) 309-0796, email@example.com
Today, Thorn Run Partners announced the relaunch of TRP Health Policy (www.thornrun.com/health-policy), a division that demonstrates the Washington government affairs firm’s leading expertise and dedication to the healthcare sector. Long-time healthcare lobbyist and former Finance Committee Health Policy Counsel Billy Wynne will serve as Managing Partner of the group, which has added four new professionals in recent months. Additional TRP Health Policy staff have worked for congressional committees of healthcare jurisdiction, the Centers for Medicare and Medicaid Services, and leading healthcare trade associations, companies, and organizations.
In today's Politico "Morning Money," analysts from across Washington gave their takes on the economic speech delivered by Republican presidential nominee Donald Trump yesterday. Among other things, Trump called for a freeze on all financial regulation, the renegotiation of major trade deals, and the implementation of a child care deduction in the tax code. Thorn Run's Jason Rosenstock asked a more broad question that was published in the edition, connecting Trump's policy speech with his recent drop in the polls.
An article published in Roll Call this morning highlights the advantages of connecting to Congressional candidates early in their political careers, enabling new lawmakers to gain information from Washington insiders while lobbyists are able to develop a rapport with a Member. The article notes that these increasingly common early efforts set up a mutually beneficial relationship that can often last for decades. In the article, Thorn Run's Andy Rosenberg explained that from a lobbyist's point of view, "It’s important for [candidates for office] to get the validation of an existing member or group because you can’t support everybody. You can’t get to know everybody.”
This morning, Politico published an article highlighting the skepticism of some political analysts to the possiblity that liberal firebrand Sen. Elizabeth Warren (D-MA) would be a wise choice as Vice-President for presumptive Democratic nominee Hillary Clinton. While some on Wall Street have concerns over Warren's record as a fierce critic of the financial services industry, TRP's Jason Rosenstock asserted that the Massachusetts senator would be more of an asset to the Clinton campaign and Democratic Party by remaining in the Senate.