kvue.com
Posted on February 19, 2013 at 8:35 PM
Dog owner Lori Heiselman was surprised when her veterinarian posted a warning on Facebook that read: "Because medical equipment and supplies will be going up in cost, that extra expense will have to be passed on to the customers."
So Heiselman is already tightening her belt to pay for the increase in her dog's care.
“They're very important. They're members of the family,” she said.
Why the price increase? It's part of a new 2.3 percent federal excise tax on certain medical devices that just went into effect.
The tax will help fund "The Patient Protection and Affordable Care Act," which is intended for people, not pets.
Manufacturers pay the tax, but a recent survey found more than half plan to pass it along.
Some vets say they can't afford it.
"I'm extremely concerned how this is going to be a hidden tax to our consumers that is, that is going to be passed on," said Dr. Mike Hatcher
Continue reading here
So Heiselman is already tightening her belt to pay for the increase in her dog's care.
“They're very important. They're members of the family,” she said.
Why the price increase? It's part of a new 2.3 percent federal excise tax on certain medical devices that just went into effect.
The tax will help fund "The Patient Protection and Affordable Care Act," which is intended for people, not pets.
Manufacturers pay the tax, but a recent survey found more than half plan to pass it along.
Some vets say they can't afford it.
"I'm extremely concerned how this is going to be a hidden tax to our consumers that is, that is going to be passed on," said Dr. Mike Hatcher
Continue reading here
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