Impact of the 2024 US Election on Healthcare Innovation: Jennifer Geetter’s View
TL/DR –
Jennifer Geetter, a specialist in privacy and data governance, suggests that the outcome of the 2024 US election could have different impacts on the healthcare sector. A Harris-Walz administration could bring stability and focus on healthcare policy, and might concentrate on areas like digital health, privacy, and consumer health information. On the contrary, a Trump-Vance administration might have its healthcare policy debates dominated by efforts to curtail or repeal the Affordable Care Act (ACA) and restrict abortion access. Regardless of the outcome, the federal government’s involvement in AI regulation and responses to cyber threats will be significant.
Jennifer Geetter talks about the impact of the 2024 US election on healthcare innovation, privacy, and data governance.
Impact of a potential Harris-Walz administration
In a Harris-Walz administration, debates about the Affordable Care Act (ACA) might be delayed, leading to a concentrated focus on other health policy considerations. This could bring more clarity to digital health-related considerations around reproductive health, privacy, and consumer health information.
How this administration addresses technical healthcare innovation legal issues— such as healthcare information exchange standards, AI in healthcare, data privacy, ransomware threats, consumer health data, and genetic healthcare— will depend on the support and encouragement they give to federal agencies, and the resolve of Congress to enact legislation.
Impact of a potential Trump-Vance administration
In a Trump-Vance administration, healthcare policy debates might be consumed by legislative efforts to curtail the ACA, and further restrict access to abortion. This could make it difficult for other pressing issues to get sustained attention.
Regulatory and enforcement focus for clients
Regardless of the administration, the federal government’s role in AI regulation remains uncertain. Current efforts are nascent, with no national response yet.
The recent Change Healthcare ransomware attack underscored that cyber-attacks are not just privacy events but also disrupt critical services. How the federal government responds to this reckoning is crucial.
In the realm of AI, distinguishing between identifiable and unmanageable risks is increasingly necessary. There is a need for a technical national security-focused, multinational threat analysis response to address inherent risks in generative AI.
Another focus area will be the role of the Federal Trade Commission (FTC) in consumer protection. The current FTC has been very active on AI, privacy, and other consumer health-related topics.
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