Court ruling benefits most healthcare firms, could hurt device makers
from The Associated Pres via Fox News
Hospitals, drugmakers and biotech companies are expected to be flush with new customers because of the healthcare law's requirement most Americans have insurance by 2014 or pay a fine. It's unclear if medical device makers will get the same jump in business, and they'll be paying new taxes. For medical device makers, the bad news is they'll have to start paying a 2.3 percent tax beginning in January on sales of devices such as pacemakers and CT scan machines.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063