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In this edition (May 2017) I talk with Matt Penziner, Executive Director, NYUPN Clinically Integrated Network, about the repeal of the Affordable Healthcare Act and its impact on patients. Matt and I discuss the facts surrounding “repeal and replace”, the odds healthcare legislation pass the Senate, and if so, what will it look like, how patients expect their costs to change, if preexisting conditions will be covered or not, and the overall cost of healthcare in the economy. The information contained herein reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this publication. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast, or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed herein may change at any time after the date of this publication. This document is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal, or accounting advice. It does not take an investor’s personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appropriate professionals before making any decisions. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any financial instrument, product, or service sponsored by AllianceBernstein or its affiliates.