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Trump or Clinton: How the Election Result Will Influence the Talent Economy

By Lauren Dixon
From Talent Economy on Tuesday, November 8, 2016
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“Both candidates want to repeal the excise tax, so no matter who wins the White House, it is likely that it will be repealed,” said Steve Wojcik, vice president of public policy at the National Business Group on Health, a nonprofit association of 420 large U.S. employers, based in Washington, D.C.

Clinton: Clinton wants to expand the Affordable Care Act and Medicaid, and reduce the cost of prescription drugs. She also wants to expand affordable health care for immigrants and rural Americans. Clinton’s focus would likely be on limiting out-of-pocket costs, especially for prescription drugs, Wojcik said. Clinton also outlines preventative care, affordable contraception and legal abortions for women as part of her platform.

Trump: The Republican nominee wants to repeal the ACA and replace it with Health Savings Accounts. “Trump is likely to favor expansion and more flexibility for Health Savings Accounts and is likely to push to end the employer mandate to offer coverage or potentially face penalties,” Wojcik said. Trump also wants people to purchase insurance across state lines, promoting competition and lower costs, and his campaign site says that states should have the flexibility to design Medicaid programs.

Clinton: The democratic nominee aims to guarantee up to 12 weeks of paid family and medical leave for a new child or ill family member, as well as the same time off for recovery from one’s own serious illness or injury. During that time, workers would receive two-thirds of their wages, while businesses incur no additional costs. Clinton advocates that the wealthiest Americans cover paid leave costs through taxes. A push for more paid sick leave requirements could raise labor costs under her presidency, Wojcik said.

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