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  Grand Rapids Business Journal

 

Taxing docs not acceptable

 

Editor:

For the second time in six months, Gov. Jennifer Granholm proposed to tax physicians an additional 3 percent of their gross revenue. That’s a tax on revenue before any expenses, including medications and medical devices provided to patients in the office for which there is no markup. Insurance companies only reimburse physicians their actual cost of medications and medical devices, which means physicians would lose an additional 3 percent over and above their cost.

 

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