Trade group identifies medical device makers passing on federal tax

Reuters ^ | Feb 28, 2013 6:07pm EST | Debra Sherman

[Sopater]

Some medical device manufacturers are trying to pass on the cost of the new federal tax on medical devices to hospitals, and a trade group on Thursday said it has launched a website to identify those companies publicly.

Congress imposed the 2.3 percent tax on the manufacturers as part of the Affordable Care Act. It is expected to collect more than $30 billion over the next decade to help extend healthcare coverage to millions of Americans who would otherwise be uninsured.

The Healthcare Supply Chain Association, which represents the biggest group purchasing organizations (GPO) used by hospitals, on Thursday said the new site, www.devicetaxwatch.com/ would help raise awareness of efforts by some manufacturers "to shift costs of the tax directly to hospitals, healthcare providers, patients and taxpayers."

Most of the companies on its list of "cost-shifting suppliers" are small and private, but there are some large ones, including Allergan Inc, Cerner Corp, Waters Corp, Alere Inc, Invacare Corp, Integra Lifescience and Staar Surgical Co, Cardica Inc, Iridex Corp and Misonix Inc.

[Night Hides Not]

So what if they lose money on each device, let them make it up on volume.

That strategy didn't work well for Hank Rearden after the implementation of Directive 10-289.

[familyop]

We can’t afford any of the socialists involved in the medical racket in any way.

[familyop]

There’s a long list of medical professional organizations lobbying against our Second Amendment, BTW. They’ve already crushed traditional family structure.

[Vaduz]

All taxes are passed on it’s why everything costs so much,gubment leaders at work.

[Sopater]

There’s a long list of medical professional organizations lobbying against our Second Amendment, BTW.

Well at least that would be a list worth publishing.

[AuntB]

Rush Limbaugh just had a caller who stated that under obamacare (actually since the early ‘90’s) anyone under medicaid would have to have their home attached for the cost of coverage & benefits.

TRUE! I was very ill in the 90’s, could not work and checked into medicaid..YES, they can LIEN your home for the cost of coverage...that was Oregon. I refused to apply with this rule and sold my home to get medical care. I also checked out California...same thing.

The difference now, is that the IRS will be charged with compliance and YOU WILL lose the equity in your home if you get ‘government healthcare!’

BELIEVE IT!

Budget reconciliation act 1993

[familyop]

Some excerpts from “National Organizations With Anti-Gun Policies:”
http://www.ammoland.com/2009/02/anti-gun-national-organizations/
http://www.thefirearmsforum.com/showthread.php?t=51640

[Some sources above. The NRA deleted its original copy of this older list, but many of the following have reorganized under organizations with more general and covert names. University women’s studies departments were hard at work in nursing program departments, too, at least as early as the ‘80s—maybe earlier.]

American Counseling Association
American Academy of Child & Adolescent Psychiatry
American Psychological Association
Black Mental Health Alliance
National Association of School Psychologists
National Association of Community Health Centers

Ambulatory Pediatric Association
American Academy of Pediatrics
American Academy of Ambulatory Care Nursing
American Medical Women`s Association
American Medical Student Association
American Medical Association
American Association for the Surgery of Trauma
American Trauma Society
American Medical Association
American Counseling Association
American Academy of Child & Adolescent Psychiatry
American Academy of Pediatrics
American Association for World Health
American Nurses Association
American Association of Neurological Surgeons
American Association of Family and Consumer Sciences
American Public Health Association
Association of American Medical Colleges
Black Mental Health Alliance
Congress of Neurological Surgeons
National Coalition Against Domestic Violence
National Black Nurses` Association
National Association of Chain Drug Stores
National Assembly of National Voluntary Health & Social Welfare Organizations
National Association of School Psychologists
National Association of Pediatric Nurse Associates & Practitioners
National Association of Public Hospitals
National Coalition Against Domestic Violence
National Association of Social Workers
National Association of Children`s Hospitals and Related Institutions
National Association of School Psychologists
National Association of Community Health Centers
National Council on Family Relations
National Organization on Disability
National Spinal Cord Injury Association
Physicians for Social Responsibility
Society of Critical Care Medicine

Related corporations:

BJC Health Systems
Blue Cross Blue Shield - Kansas City
General American - St. Louis (insurance)
Health Midwest
ICN Biomedicals
SSM Health System - St. Louis
Unity Health - St. Louis

[Dysart]

Hospital management groups should orient toward self-supply through backward integration and set a fine example by fully absorbing these mandated Obamacare taxes resulting in additional supply costs. Problem solved.

[thatjoeguy]

EVERY cost is passed on down the line no matter what it is. Fees, taxes, transportation costs, everything. Anyone who thinks differently should try running a business someday.

By the way these costs keep trickling down until they get to the bottom where they finally end up being paid for by the consumer.

JB