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Healthcare Impact of Tax Reform Bill

Yesterday, the House and the Senate passed the “Tax Cuts and Jobs Act,” a sweeping tax bill that will materially affect virtually every sector in the economy, including, perhaps to a greater degree than others, the healthcare sector. Although the bill still awaits the President’s signature, its passage into law is all but assured. Between the bill’s repeal of the Affordable Care Act’s individual mandate, potential interaction with the so-called “PAYGO Law” and other provisions, we might reasonably expect to see:

  • A material reduction in the number of insured nationally

  • An increase in insurance premiums

  • Reduced patient volume for non-emergency services (resulting from the reduced number of individuals with insurance)

  • Potential cuts to Medicare and Medicaid (pursuant to the PAYGO Law)

  • Potentially increased profits for corporate and qualifying pass-through entities

Copyright © 2019, Sheppard Mullin Richter & Hampton LLP.


About this Author

Matthew Goldman, Corporate Attorney, Sheppard Mullin Law Firm

Matthew Goldman is an associate in the Corporate Practice Group in the firm's Century City office and is a member of the firm's healthcare practice team.

Areas of Practice

Matthew’s practice blends the regulatory and transactional components of healthcare law, and includes representation of hospitals, managed care organizations, medical groups, and other healthcare entities and providers. On the regulatory side, Matthew’s practice is focused on licensing, regulatory compliance, and managed care arrangements. Matthew has extensive experience preparing Knox-...

Jordan Grushkin, Attorney, Sheppard Mullin Law Firm, Health Care

Jordan Grushkin is an associate in the Corporate Practice group in the firm's Century City office.

  • J.D., Georgetown University Law Center, 2015

  • B.A., Georgetown University, 2015, magna cum laude