A medical device excise tax scheduled to hit Jan. 1 is causing uncertainty among manufacturers and providers, a healthcare expert said Monday.
More than 400 organizations and companies have sent letters to House and Senate leaders asking for the repeal of a 2.3% medical device excise tax. The tax is scheduled to begin in 2013. If enacted, it would cost vendors more than $2.7 billion each year, letters warn.
Nursing home owners in Florida have been breathing easier since the Legislature decided not to reduce funding for the 460-plus facilities.
The Centers for Medicare & Medicaid Services finalized a rule that reduces maximum allowable provider taxes to 5.5%.