You may have heard that Obamacare levies a tax on medical device manufacturing companies. This is all part of Obama’s redistribution strategy (from “rich” medical device makers to the Democrat voters). Unfortunately, in the real world, companies often shift excise taxes onto the consumers. Thus, this Obamacare tax will be another cause of increases in healthcare costs for folks such as you and me.
Medical device makers are targeted by the Healthcare Supply Chain Assn. for allegedly shifting the cost of a new federal tax to their customers… via Medical device tax: Group purchasers call out 45 “cost-shifting” medtech companies.