Tax on prosthetics update
Paul Prusakowski
Description
Collection
Title:
Tax on prosthetics update
Creator:
Paul Prusakowski
Date:
7/7/2010
Text:
Dear list.
I contacted Peter Thomas from NAAOP to get some more
information/clarification on this issue an he followed up with the following
points that may be helpful in shedding some more light on this issue.
-Paul E Prusakowski, CPO, FAAOP
Moderator, oandp-l
1. The new tax applies to all Class I, II, and III medical devices,
not just O&P.
2. The tax applies to manufacturers of medical devices, not
individuals or veterans for that matter. This is why exempting veterans
from the tax was unrealistic during the amendment process, but it makes a
good talking point, as inaccurate as it is.
3. The tax begins in 2013, not now as the article states.
4. Finally, there is an exception from the tax for devices sold at
retail for individual use. Whether O&P, or part of O&P will be exempted
under this language is not yet known.
I contacted Peter Thomas from NAAOP to get some more
information/clarification on this issue an he followed up with the following
points that may be helpful in shedding some more light on this issue.
-Paul E Prusakowski, CPO, FAAOP
Moderator, oandp-l
1. The new tax applies to all Class I, II, and III medical devices,
not just O&P.
2. The tax applies to manufacturers of medical devices, not
individuals or veterans for that matter. This is why exempting veterans
from the tax was unrealistic during the amendment process, but it makes a
good talking point, as inaccurate as it is.
3. The tax begins in 2013, not now as the article states.
4. Finally, there is an exception from the tax for devices sold at
retail for individual use. Whether O&P, or part of O&P will be exempted
under this language is not yet known.
Citation
Paul Prusakowski, “Tax on prosthetics update,” Digital Resource Foundation for Orthotics and Prosthetics, accessed December 28, 2024, https://library.drfop.org/items/show/231576.
