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What fees will pharmaceutical companies pay under healthcare reform?

Joane Goodroe
Nursing

Under the Affordable Care Act, there is a Pharmaceutical Manufacturers Fee.

This is a yearly, non-deductible fee on the pharmaceutical manufacturing industry allocated according to market share and not applying to companies with sales of branded pharmaceuticals of $5 million or less. The tax is effective for tax years beginning after December 31, 2010.

 

 

 

 

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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.