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Business Matters: What's next for Obamacare?

Biden defends Obamacare as Supreme Court hears case

11/11/2020 GMT

What's next for Obamacare?

BBC World Service - Business Matters, What's next for Obamacare?

The US Supreme Court is considering a case that attempts to strike down the law.

President-elect Joe Biden has vowed to defend the Affordable Care Act, the public health insurance scheme passed when he was vice-president, as the US Supreme Court considers a case attempting to strike down the law. MaryBeth Musumeci of the Kaiser Family Foundation in Washington, DC, explains why the ACA, also known as Obamacare, is under threat. Michael Cannon, Director of Health Policy Studies at the Cato Institute, argues that the law punishes insurance companies for providing coverage that sick people want. 

The European Commission has charged Amazon with abusing its dominant online retail position. Mark Scott, Chief Technology Correspondent at Politico in London, explains the background to the case. Plus, with international travel suffering its worst downturn in years as a result of coronavirus, innovation is the name of the game in the shape of so-called 'trips to nowhere'. Claire Williamson has been investigating. And it's Singles' Day in China. Created by the online retailer Alibaba to celebrate being single it has become the world's biggest 24-hour online shopping extravaganza. The BBC's Robin Brant, in Shanghai, gives us the lowdown on this year's expected sales.

All this and more discussed with our two guests throughout the show. Allison Schrager, Senior Fellow at the Manhattan Institute in New York. And Patrick Barta, Asia Enterprise Editor for the Wall Street Journal in Bangkok.

(Picture: US President-elect Joe Biden addresses the media about the Trump Administration’s lawsuit to overturn the Affordable Care Act. Credit: Getty Images.)

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