Their bill, which has support from four Democrats and four Republicans, is identical to one introduced in the House by Representatives Erik Paulsen (R-Minn.) and Ron Kind (D-Wis.) with 178 co-sponsors.
The medical device tax went into effect Jan. 1, as part of the Patient Protection and Affordable Care Act to pay for initiatives in the healthcare reform law.
The House passed the repeal bill last summer, but it stalled in the Senate. The White House opposes the repeal, according to the report.
More Articles on Devices:
Smith & Nephew Profits Up 1% in 4Q, Revenue Dips 3%
Discount Orthopedic Device Maker NovoSource Enlists Expert Fundraising Help
Stanmore Receives FDA Approval for Robotic Partial Knee Surgery
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.