Impose annual fee on manufacturers and importers
of branded drugs....................................................... 1/1/10 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 8.6 17.2
9. Impose annual fee on manufacturers and importers
of medical devices..................................................... 1/1/10 2.9 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 14.9 29.9
10. Impose annual fee on health insurance providers..... 1/1/10 2.7 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 19.5 40.5
11. Impose annual fee on clinical laboratories................
i’m sure all those fees will help create jobs
2. Employer W-2 reporting of value of health benefits.
("So we can tax them.")
3. Conform the definition of medical expenses for health flexible spending arrangements to the definition of the itemized deduction for medical expenses (including prescription purchases of over-the-counter medicines)
("We'll tell you what's a medical expense and what isn't.")
4. Increase the penalty for nonqualified health savings account distributions to 20%
("You want alternative medicine? You want a cancer treatment center? Forget it.")
5. Limit health flexible spending arrangements in cafeteria plans to $2,000.
("If you need to spend more than $2,000, you need to be under our thumb. Oh, and BTW. Forget about getting in-home care for Mom -- You can't have it, it's ours.")
6. Corporate information reporting. ("We'll sic the IRS on you.")
Goodbye private insurance. The government run "option" will become the only choice.
And I'm sure it will help create new drugs & medical devices too. /s