Do you love fuzzy little puppies? Me too, but taking your cuddly creatures to the vet will now cost more thanks to the medical device tax in ObamaCare. Lachlan Markay over at Heritage has more:
Advertisement
According to a rule published Friday by the Internal Revenue Service, some medical devices used in veterinary practices will be hit by Obamacare’s 2.3 percent device tax. Many of their manufacturers are expected to hike prices, meaning higher veterinary costs for the nation’s pet owners.
The tax will not hit devices that are used exclusively for veterinary purposes. But a host of such devices are manufactured for use in both human health care and veterinary practices. Those devices’ manufacturers will have to pay the tax.
Join the conversation as a VIP Member