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"Docs4PatientCare.org is a politically neutral grassroots coalition of physicians. Use of any politically partisan terms does not reflect the position of Docs4PatientCare.org. We do encourage our speakers to express how they feel and we post articles based on their informative content only. Any politically partisan language used does not reflect the group as a whole. Specific party or political allegiances and opposition are not our intent. The goal of D4PC is only to advocate for effective and responsible health care reform."
ObamaCare's Medical Device Tax Poses a Dangerous Threat to Your Health
Thursday, June 14, 2012
Last week, new details came out about the impact that ObamaCare's medical device tax will have on innovation and in turn patient health. The tax is on sales (not profit) of medical devices. The tax could cost the U.S. up to 47,000 jobs and reduce R&D spending by $2 billion per year. According to one analysis, the tax on medical devices will actually reduce life expectancy - costing "about one million life-years lost annually." In other words, OBamaCare's taxes will cost lives.
Read the full article here.
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