Health Care Policy Update: Health Care Policy Weekly Update and Outlook

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Health Care Policy Update: Health Care Policy Weekly Update and Outlook

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Health Care Policy Update

Health Care Policy Weekly Update and

Outlook

Government Regulations

Congress Moving Forward with Reconciliation 2.0 without 11 May 2026

Healthcare Provisions High Yield Credit

On May 4, Senate Committees released details of their proposed Reconciliation 2.0 United States

legislation to provide roughly $72 billion in funding for Immigration enforcement and Washington Healthcare

Customs and Border Patrol. However, we note that there were no healthcare related

provisions included in the Reconciliation proposals at this time. Congress is expected to Table of Contents

continue work on the Reconciliation bill over the next several weeks with a goal of

completing action by June 1 target as requested by President Trump. Some Republicans Health Care Policy Events for the Week 2

in Congress also continue to look towards an additional Reconciliation 3.0 package that

could include healthcare provisions in the next several months, although we believe this

Andrew B. Bressler, CFA

may be less likely the closer we get to the mid-term elections. Research Analyst

BofAS

HHS Outlines Education Efforts and Policies to Reduce +1andy.b.bressler@bofa.com202 442 7454

Psychiatric Overprescribing

On May 4, HHS issued a memo to encourage providers to limit psychiatric Abbreviations

overprescribing. HHS encourages use of evidence-based non-pharmacological mental CMS: Centers for Medicare and Medicaid

health treatments, rather than “overuse of psychiatric medications.” HHS highlights a Services

“multipronged approach including education and outreach, program and policy actions,

HHS: Health and Human Services