Category: Press Release
By: PR Newswire
Source: Yahoo! Finance

Antonio Ortiz-Mena and Christopher G. Sheeron point out that these tariffs, if implemented improperly, would pose a threat to U.S. hospitals and patients. They also note that, since Medicare reimburses hospitals only 83 cents for every dollar spent, the imposition of broad-ranging or abruptly implemented tariffs could lead to cost-shifting onto patients, increasing their expenses before domestically produced alternatives are fully available to meet demand.