As part of the Affordable Care Act, an excise tax is now being levied on certain medical devices. The tax went into effect on January 1, 2013, but we've been deducting the cost of the tax from your lab fees behind the scenes. Unfortunately, to avoid further price increases, it's become clear that we need to start itemizing the cost of the excise tax separately. Within the next few days, you'll see a new line item representing the cost of the 2.3% excise tax when you pay for each case.
We hate passing the tax on to you, but we'd hate raising our lab fees even more.
Until next time…
[Update: We are no longer adding this line item to our invoices. See this announcement for details.]