Politico November 8, 2024
TARIFF VIBE CHECK — President-elect Donald Trump’s pledge to enact across-the-board tariffs isn’t going over well in the health care industry, Ben and POLITICO’s David Lim report.
Some in the sector think they could financially harm hospitals and raise prices for consumers.
“It would be unsustainable for the health care industry,” said Soumi Saha, senior vice president of government affairs at Premier Inc., which helps hospitals get discounts from vendors. “Combined with inflation, rising labor costs, decreasing reimbursement, and the cost with supplies, it would be unsustainable” without a government effort to boost domestic manufacturing.
Angie Boliver, CEO of the Healthcare Supply Chain Association, which represents group purchasing firms that negotiate prices for hospitals, said Trump must exempt critical medical...
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