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Affordable Care Act

Society

Medical Device Tax in the US: Too Costly to Bear

Oliver Jersild and Liberalni Institute/August 31, 2017September 12, 2017 /Leave a comment

In order to help fund the Affordable Care Act, passed in 2010, the medical device tax was implemented in the U.S. at the beginning of 2013. It is a 2.3% excise tax on medical equipment such as heart valves, manufactured hip joints, pacemakers, etc. The tax has received bipartisan criticism for its negative effect on the medical devices industry.

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