You’ll be glad to hear that proposed cosmetic surgery tax discussed in a previous blog entry has been thrown out! Due to opposition from surgeons, pharmaceutical companies, patients, and the American Medical Association, the proposed 5 percent tax on cosmetic surgery procedures is no longer in the healthcare reform bill. Instead, the Senate announced a .9 percent increase for some American’s Medicare payroll tax and a new 10 percent tax on indoor tanning salons. While this is good news for the cosmetic surgery and medical industry, it is bad news for the tanning industry and opposition to this proposal is expected.
The biggest story in the plastic and cosmetic surgery world right now is the proposed cosmetic surgery tax. It is comically referred to as the “Botax” because it would put a government tax on elective cosmetic surgery procedures; but many Americans don’t think that there is anything comical about it.
According to a recent article in Medical News Today, a poll surveying 1,000 Americans found that people oppose the cosmetic tax by a 52 – 43 percent margin. The proposal recommends a 5 percent excise tax to be placed on cosmetic and plastic surgery procedures, including popular injectables like Botox® and Juvederm® as well as breast reduction surgery, facelifts, and liposuction. The tax would not apply to any reconstructive procedures and is expected to raise $5.8 billion over the next ten years to help pay for the government’s healthcare reform plan.
Critics of the plan say that the tax would disproportionately affect middle-class women, who are the most likely to opt for these types of procedures. Americans too, according to the poll, were more likely to disagree with the tax once they discovered that 60 percent of potential plastic surgery patients reported a household income of 30K to 90K a year. The poll also found that people the age of 45 or older, were more likely to oppose the tax. This is not surprising, as many people opt for plastic surgery to combat the effects of aging.
Whether you agree with the proposed cosmetic surgery tax or not is a personal decision; but we will continue to follow this story to see if it makes it into the final health care reform bill. More up to date articles are being posted onto Southern Plastic Surgery’s Facebook fan page. Click here to become a fan of Dr. Whiteman and Southern Plastic Surgery.
The information presented on Southern Plastic Surgery's website is only for informational purposes and is not medical advice. Therefore, Southern Plastic Surgery is not liable for any errors or omissions in this information; nor are they liable for any damages from its use. For complete plastic and reconstructive surgery information or medically related question, it is important to seek personalized care from a board certified plastic surgeon. Treatment results may vary from person to person.