medical device tax

Health Care
1:28 pm
Tue December 24, 2013

California Medical Device Makers Have Mixed Views on Obamacare Tax

Andrew Nixon Capital Public Radio

California is a place where medical device makers can thrive. The industry says employment in the sector is growing, and companies here benefit from almost half the biomedical venture capital dollars nationwide. This year, some medical device businesses have faced a new tax under the Affordable Care Act. Health Care Reporter Pauline Bartolone in Sacramento says the industry has a mixed reaction.

No one likes to be taxed. For many small businesses, the added costs can be especially unwelcome.

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