Newsfeed : OraSure to Pay New Federal Tax on Medical Devices

POZ - Health, Life and HIV
Subscribe to:
POZ magazine
Newsletters
Join POZ: Facebook MySpace Twitter Pinterest
Tumblr Google+ Flickr MySpace
POZ Personals
Sign In / Join
Username:
Password:

Back to home » Newsfeed » December 2012

Most Popular Links
Most Popular Lessons

The HIV Life Cycle

Shingles

Herpes Simplex Virus

Syphilis & Neurosyphilis

Treatments for Opportunistic Infections (OIs)

What is AIDS & HIV?

Hepatitis & HIV

20 Years Ago In POZ


More News

Click here for more news

Have news about HIV? Send press releases, news tips and other announcements to news@poz.com.


emailprint

December 19, 2012

OraSure to Pay New Federal Tax on Medical Devices

The makers of the first rapid over-the-counter test for HIV are subject to a 2.3 percent excise tax on gross sales of some of its products starting in 2013, The Morning Call reports. To help pay for the expansion of health care coverage to 30 million previously uninsured people, the Affordable Care Act (a.k.a. the health care reform law) imposes this tax on many medical device manufacturers, such as OraSure Technologies, which manufactures the OraQuick In-Home HIV Test. Through 2022, the federal government estimates raising $29 billion in revenues from this tax.

To read the article, click here.

Search: OraSure, OraQuick, Affordable Care Act, ACA, health care reform, tax


Scroll down to comment on this story.



Name:

(will display; 2-50 characters)

Email:

(will NOT display)

City:

(will display; optional)

Comment (500 characters left):

(Note: The POZ team reviews all comments before they are posted. Please do not include either ":" or "@" in your comment. The opinions expressed by people providing comments are theirs alone. They do not necessarily reflect the opinions of Smart + Strong, which is not responsible for the accuracy of any of the information supplied by people providing comments.)

Comments require captcha.
Please enter this number for verification:

| Posting Rules



Hide comments

Previous Comments:


  comments 1 - 2 (of 2 total)    

Michael, Norfolk, 2013-01-03 13:39:21
Of course the govt wants to make,money how much if that 29 billion through 2022 will be used in hiv care less than 1%

Frederick Wright, Coach valley, 2012-12-20 12:45:37
Happy am I today and thank God that these government contracted venders or set a side medical devices are returning some of their profits or wealth from American funded healthcare dollars. I like to think of this as a lobbying tax. In the case of Oral Sure a government bonded start up company justifies an opportunity to pay back our communities directly to ensure more government contracts for their future company's growth.Yes ,we'll done,in an attempt to create Fair &. Free competitive market

comments 1 - 2 (of 2 total)    


[Go to top]

Facebook Twitter Google+ MySpace YouTube Tumblr Flickr Instagram
Quick Links
Current Issue

HIV Testing
Safer Sex
Find a Date
Newly Diagnosed
HIV 101
Disclosing Your Status
Starting Treatment
Help Paying for Meds
Search for the Cure
POZ Stories
POZ Opinion
POZ Exclusives
Read the Blogs
Visit the Forums
Job Listings
Events Calendar
POZ on Twitter

Ask POZ Pharmacist

Talk to Us
Poll
Are you buying holiday gifts that raise HIV/AIDS awareness?
Yes
No

Survey
Smoke Signals

more surveys
Contact Us
We welcome your comments!
[ about Smart + Strong | about POZ | POZ advisory board | partner links | advertising policy | advertise/contact us | site map]
© 2014 Smart + Strong. All Rights Reserved. Terms of use and Your privacy.
Smart + Strong® is a registered trademark of CDM Publishing, LLC.