Tariffs Threaten to Skyrocket US Visitor Health Insurance Costs
Visitor Guard® is raising concerns over new US tariffs on imported healthcare goods, which could hike up the cost of visitor health insurance. With higher prices for medical devices and pharmaceuticals, insurance premiums might increase, impacting international travelers' affordability of healthcare coverage.
- Country:
- United States
Virginia, US, August 21 – Visitor Guard®, a prominent provider of travel and visitor health insurance for those traveling to the United States, has issued a statement regarding the potential impact of new tariffs on insurance premiums.
The U.S. government has imposed tariffs on several imported healthcare goods, including medical devices and pharmaceutical ingredients. Analysts warn that these tariffs could cause a spike in medical supply chain costs, affecting both healthcare providers and insurers.
Chiranth Nataraj, founder of Visitor Guard®, expressed concern over increased costs flowing through to insurance claims, potentially leading to higher premiums. This is particularly worrisome for international travelers requiring medical care in the U.S., one of the world's most expensive healthcare markets.
(With inputs from agencies.)
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