The medical device tax will ultimately increase national health expenditures, according to the Office of the Actuary for the Centers for Medicare and Medicaid Services.18� Health care providers, hospitals, doctors and patients, as well as insurers, will bear much of the additional cost of the tax. To the extent that device makers are unable to pass on their additional costs, innovation and medical device workers will suffer. 19
Diana’s note: If this tax goes into effect, medical device companies will most likely pass the cost onto consumers. I would know. I work at a medical device company. If you read the whole article, you’ll find out that not only are companies that make big fancy hospital machines affected by this excise tax, but also the ones that make common tools that your every-day primary care physician uses: cotton swabs, tongue depressors, etc. In other words, when it comes down to it, someone is going to have to bear the brunt of the tax. Is it going to be you?