Lawmakers try again to repeal medical device excise tax: 3 key notes

Written by Laura Dyrda | April 12, 2019 | Print  |

Members of the U.S. House of Representatives are making another attempt to repeal the 2.3 percent medical device excise tax levied with ACA implementation, according to The Journal Gazette.

 

Three things to know:

1. Seven Republican representatives from Indiana co-sponsored the legislation, which aims to permanently repeal the medical device excise tax. The tax was implemented in 2013 to cover the costs of ACA implementation but has been suspended since 2016.

2. Previous attempts to repeal the tax have gone through the House, but the Senate hasn't considered the legislation. Members of both parties back the bill, including 227 House members.

3. The medical device industry has fought the tax since implementation. More than 20,000 people in Indiana are employed by medical device companies, primarily orthopedic implant producers.

More articles on orthopedic devices:
NuVasive to expand portfolio with X360 lateral approach
DOJ charges 24 in $1.2B+ medical device kickback scheme
What 7 device company CEOs were paid in 2018 – Stryker, NuVasive & more

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