Medical device tax may increase vet costs, too | MassDevice.com On Call

December 13, 2012 by MassDevice staff

The 2.3% medical device tax taking effect in January could hike veterinary fees when it applies to technologies used in both human and animal medicine.

MassDevice On Call

MASSDEVICE ON CALL — President Barack Obama's healthcare reform law may cause an increase in veterinary care costs thanks to the medical device tax.

The levy, which takes 2.3% from every U.S. medical device sale, could have the unintended effect of increasing vet costs when it's applied to medical technologies that are used in both human and veterinary medicine.

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