New pharmaceutical tariffs may lead to strong impacts on consumers

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SOUTH BEND, Ind. — A new pharmaceutical tariff has taken effect bringing a 100 percent tariff on branded pharmaceutical drugs. According to Mariana Socal, an Associate Professor of Health policy and Management at John Hopkins Bloomberg School of Public Health, "If the person is paying, for example, 20 percent coinsurance, a 15 percent coinsurance, 25 percent coinsurance, those individuals will feel directly any changes in price. If the person is in the deductible phase, or if they're paying cash because they don't have the coverage. For some reason, all of these patients will feel the impact immediately if the price fluctuates because of the tariff."

Socal also adds that the US