Tuesday, December 11, 2012

ObamaTax for Vets

No, not those vets, but veterinarians.

Now, you may be wondering what the ironically-named Patient Protection and Affordable Care Act (the ObamaTax) has to do with pet care, but it's nothing new to long-time IB readers. Almost 2 years ago, we reported on BoCare©, "to extend federal funding for vet's (as in veterinarians) in order to spend even more money (that we don't have) so that Fido can enjoy the same kind of health care that we enjoy."

Apparently, they take this pretty seriously in DC, and so now we have a new IRS rule that "some medical devices used in veterinary practices will be hit by Obamacare’s 2.3 percent device tax."

One supposes that it's fair for Fifi's leg pin be treated the same as her owner's new pacemaker, but the reality is that - of course - it ain't Fifi footin' the bill.

To be fair, that leg pin probably won't be affected, but items such as exam gloves and catheters (to name two) will be. So expect your next vet bill (not to mention your own insurance premiums) to be higher.

Why's that, you ask?

Pretty simple, really: you don't expect the vet to pick up the higher costs, do you?
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