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Update on the Cosmetic Procedures Tax: Notes from a San Francisco Bay Area Dermatologist

As you may the recall, the Senate healthcare reform bill originally proposed a 5% tax on cosmetic medical procedures, which would have unfairly impacted the cost of many elective treatments like Botox and Restylane injections.  However, with encouragement from the Amercian Academy of Dermatology (AAD), the American Medical Association (AMA), public support and other public entities this tax has been replaced in the revised Senate bill.  The new bill proposes a 10% tax on indoor tanning services instead.  Not only will this generate billions of dollars over the next ten years, but it will support public health by discouraging indoor tanning, which is known to cause skin cancer.  Treating skin cancer only adds to healthcare costs and can be prevented.  This tax will help on both fronts.

Both the House and Senate bill are now headed to conference committee hearings for deliberation.

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This entry was posted on Friday, January 15th, 2010 at 3:08 pm and is filed under Skincare Industry. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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