Many Americans are bracing for higher prices on consumer goods due to tariffs, but they might not be aware that tariffs could also cause their health insurance costs to increase as well. That’s because tariffs on imported medical equipment, pharmaceuticals and raw materials used to manufacture medical goods — like steel and plastic — are expected to increase costs for healthcare providers and insurers. These added expenses can be passed on to consumers in the form of higher premiums.
Find Out: Mark Cuban Tells Americans To Stock Up on Consumables as Trump’s Tariffs Hit — Here’s What To Buy
