Economic Outlook: The Medical Device Tax

Having trouble with this video? Let us know.

About This Episode

Episode #821

 

There are nearly 6,000 people working directly, and approximately 6,000 people working indirectly in the medical device industry in the Warsaw, Indiana and Kosciusko County areas. Nearly 60% of the medical device industry and production occurs in the that same area. Orthopedic device sales coming out of the Warsaw area account for about $33 Billion annually. Effective January 1, 2013, the federal government, as part of the Affordable Health Care Act, implemented a 2.3% excise tax on gross sales of all medical devices sold here in the United States. This will have a direct and indirect affect on the region.

Original Airdate:
April 12, 2013
Last Re-airdate:
April 12, 2013
Copy
Copy
Loading...

What do you think? Leave your comments below.