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January 3, 2017
2017 Predictions MicroSurvey Shows More Pessimism Around Lowered Drug Costs;
New Administration Seen as Likely to Retain Preexisting Conditions, Under Age 26 Coverage
As a new President-Elect takes office with promises to dismantle much of the existing Affordable Care Act (ACA), US physicians are strongly pessimistic that key reform goals of improving healthcare quality, costs, and access will be achieved under the new administration, and they are increasingly pessimistic on lowering prescription drug costs. Yet 70% believe key ACA reforms will stay intact, specifically its insurance coverage for preexisting conditions and children up to age 26 being allowed to remain on their parents’ insurance plans.
Data are from an annual year-end microsurvey on physician predictions for change in the healthcare and pharmaceutical industries, as conducted by InCrowd, a provider of real-time market intelligence to the life sciences and healthcare firms. See the full findings in the presentation slides below.
70% of US physicians surveyed on December 4, 2016, believe that it is unlikely for the cost of healthcare to improve under the new presidential administration. 69% feel it is unlikely that access to care will improve, and 60% think it unlikely that healthcare quality will improve.
Lower drug prices topped the physicians’ wish lists at 54%, while 46% said making therapies more affordable was the single, most critical issue to address to meet the demands of our changing society.
“Our data show that most US physicians are viewing the new Trump administration as negatively impacting the most significant healthcare issues facing the nation—the need to improve healthcare and drug costs, healthcare access, and quality of care,” said Diane Hayes, president and co-founder of InCrowd. “As the year progresses InCrowd will watch the fate of the ACA, track our physicians’ predictions, and share our findings.”
InCrowd’s “2017 Predictions” survey insights were captured with InCrowd’s MicroSurvey—a real-time market research solution that saves hours in design and fielding of data—and included responses from 150 US-based, triple-verified, board-certified physicians. Physicians responded to a 3-minute survey on December 4, 2016.
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