Geilfuss, Faget Comment on Implications of Possible ACA Ruling
19 December 2018
Modern Healthcare
Partner Fred Geilfuss and Special Counsel Kyle Faget were quoted in a Modern Healthcare article, “ACA repeal wouldn’t stop transition to value-based payment, efforts to lower drug spending,” about what would happen if the Affordable Care Act is ultimately held to be unconstitutional.
Geilfuss said providers that have already invested in the infrastructure, technology and staff to facilitate new payment models like accountable care organizations, bundled payments and Medicare Shared Savings would probably continue to do so. “To just throw that out seems very unlikely,” he said. “There would be a lot of people who are motivated to figure out a way to continue that momentum.”
Faget said if the ACA is found to be unconstitutional, Congress would probably reenact the Biologics Price Competition and Innovation Act of 2009, which was folded into the ACA, as a standalone law. The act allows the Food and Drug Administration to approve biosimilars, which mimic expensive biologic drugs made from living organisms. “Biosimilars are absolutely a big part of reducing drug prices,” she said.
Geilfuss said providers that have already invested in the infrastructure, technology and staff to facilitate new payment models like accountable care organizations, bundled payments and Medicare Shared Savings would probably continue to do so. “To just throw that out seems very unlikely,” he said. “There would be a lot of people who are motivated to figure out a way to continue that momentum.”
Faget said if the ACA is found to be unconstitutional, Congress would probably reenact the Biologics Price Competition and Innovation Act of 2009, which was folded into the ACA, as a standalone law. The act allows the Food and Drug Administration to approve biosimilars, which mimic expensive biologic drugs made from living organisms. “Biosimilars are absolutely a big part of reducing drug prices,” she said.
People
Related News
21 January 2025
In the News
Foley’s 2025 MLK Jr. Oratory Competition Garners Significant Media Coverage
Foley & Lardner LLP’s 2025 Martin Luther King Jr. Oratory Competition garnered significant media attention this year as the student's message of leadership, unity, and civic responsibility especially resonated as the day celebrating Dr. King’s legacy coincided with the U.S. Presidential Inauguration.
17 January 2025
In the News
Jamie Kuhn's Arrival to Foley Highlighted in Press
Foley & Lardner LLP Public Affairs Director Jamie Kuhn received coverage in legal and business media for her arrival to the firm and strengthening of Foley's bi-partisan government solutions capabilities.
17 January 2025
In the News
Andrew Wronski Weighs in on New Administration's Potential Impact on Manufacturing Sector
Foley & Lardner LLP partner Andrew Wronski is featured for his insights on the incoming presidential administration's impact upon the manufacturing sector in the Milwaukee Business Journal article, "Tariff-ied of the Future?"