At the other end of the market, some of the more humble offerings, such as the cheap-and-cheerful Suzuki Alto, can still cost plenty for a new key. The Alto was one of the least expensive keys to replace yet was still far from cheap, with quoted prices of $250 and $278 including cutting and coding.t the other end of the market, some of the more humble offerings, such as the cheap-and-cheerful Suzuki Alto, can still cost plenty for a new key. The Alto was one of the least expensive keys to replace yet was still far from cheap, with quoted prices of $250 and $278 including cutting and coding.
The tax, which took effect in 2013, is equal to 2.3 percent of the sale price of a medical device and is expected to raise $29 billion over 10 years. It applies to products like X-ray machines, magnetic resonance imaging scanners, pacemakers, artificial hearts and artificial hip and knee joints.
Download (PDF) Fiscal Fact No. 364: The ACA Medical Device Tax: Bad Policy in Need of Repeal. On March 21, the Senate voted 79 to 20 to pass a nonbinding budget amendment encouraging the repeal of the Affordable Care Actâs medical device excise tax. This is a 2.3 percent tax on total sales of taxable medical devices by medical device manufacturers that went into effect on January 1, 2013.