My friend got a hip replacement in the middle of October. She's not a member of Obama's famous 1% earners who is not paying her fair share but she's smart to have gotten her hip in 2012. In 2013 Obamacare will increase the costs of all medical devices. My friend is a smart shopper.
http://online.wsj.com/article/SB10000872396390444620104578012281306687070.html
http://hotair.com/archives/2012/07/30/surprise-obamacare-medical-device-tax-killing-jobs-in-the-industry/
Read these to find out the damage being done to manufacturers of devices. We all know that increases in taxes to a business or even an increase in any expense a company has is passed on to the cost of the product made or service provided. The increase is passed on to the buyer.
Just a heads up and cudos to my smart friend. If you need a hip replacement, a defibrillator, a pacemaker, or any chemotherapy delivery
system, make your appointment now.
'til later
Bargain Barb
- Bargain Barb
- Naperville, Illinois
- Greetings! I have years, no decades, of financial experiences to share. I have a passion for education. I am a control freak in that I need to know where my $ goes. I continually ask myself do we need that, what risks are we taking with that investment, how/when can we get at our $, and just how much does Uncle Sam demand of our every earned $. Stay tuned to my life choices now and my references to life choices/experiences from my past.
1 comment:
I read today that this also applies to such things as examination gloves, tongue depressors, catheters, IV pumps etc. It appears to be any object used in medicine. And just wait--if this object is used by a veterinarian as well, it will be taxed as if it is used by people. So watch for your vet bill for you cat or dog to go up too to account for the tax.
Does any one find it ironic that Obamacare has the official name of "The Affordable Care Act"?
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