Are you ready for one more unintended cost of Obamacare? These are the kinds of things Nancy Pelosi was talking about when she said, "we need to pass the bill to find out what's in the bill" (probably one of the dumbest comments in political history). Because of Obamacare, you will now be paying more to take care of your cat, dog or whatever pet you have that needs veterinary care from time to time.
You probably though that Obamacare was just for humans, and yes it it, but one of those unintended consequences of the control grabbing boondoggle that is this massive and unconstitutional mound of legislation, is that medical devices are now taxed. And guess what, your veterinarian buys medical devices to use in their practice. And since they have to pay taxes on those medical devices, that increases the cost for them to do business and like a good businessperson, they will pass those costs on to you.
While medical devices that are used strictly on animals are exempt from the tax, many devise are dual use, they can be used for both humans and animals. Those devices include IV equipment, anesthesia equipment, sterile medical instruments and some monitoring devices. All those will be taxed at the same rate of 2.3% that all other medical devices will be, and those of us that have pets will pay the price. Obamacare, it reaches into all aspects of your life. Don't you love it?
Read more on this story below from CBS Local Miami:
Pet owners listen up: You may want to start saving more money for veterinarian care this year. The reason goes all the way back to Washington and an unintended consequence from medical reform.
Dog owner Lori Heiselman was surprised where her veterinarian posted a warning on Facebook.
The notice read: â€œBecause medical equipment and supplies will be going up in cost, that extra expense will have to passed on to the customers.â€
So Lori is already tightening her belt to pay for the increase in her dogâ€™s care. Though she doesnâ€™t like it, sheâ€™s willing to pay more for her pets.
â€œTheyâ€™re very important. Theyâ€™re members of the family,â€ said Heiselman.
Why the increase? Its 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, commonly known as Obamacare, 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 canâ€™t afford it. Dr. Mike Hatcher is one of them. He explained, â€œIâ€™m extremely concerned how this is going to be a hidden tax to our consumers that is going to be passed on.â€
How does this work? Medical devices used only on animals are exempt. However, items including IV pumps, sterile scalpels and anesthesia equipment, which are medical devices that have a dual use, meaning they can be used on people and animals, will be taxed. Hatcher said, â€œPutting off an equipment purchase is something that can terribly affect our clientsâ€™ ability to have quality care.â€