Obamacare Taxes Hike Veterinary Costs

The feds stick it to Fido


Some pet owners find it challenging to afford veterinary care for their companion animals. Often, clinicians can find ways to help their clients not only make the best decisions to get an appropriate preventative care or treatment plan in place, but also to make it as affordable as possible.

Veterinarians may be finding that a little more difficult to do these days, and the reason might surprise you: the Patient Protection and Affordable Care Act, or as it's been referred to, 'Obamacare'.

How is this possible? A 2.3 percent excise tax has been imposed on certain medical devices, like anesthesia equipment, surgical tools and IV pumps, which are used on both humans and animals.