Economic Outlook - The Medical Device Tax

The Medical Device Industry is approximately a $150 Billion industry. Effective January 1, The United States government implemented a medical device excise tax of 2.3% on the gross sales of every medical device sold in the United States. This medical device tax could have huge ramifications on the medical device industry and specifically on the Warsaw/ Kosciusko County businesses. We examine this very important issue effecting our region.