Calling the medical device tax a “job-killing” regulation, Sen. Hatch added in a statement that “scrapping this tax would ensure medical device manufacturers can invest in hiring new workers and developing innovative 21st century, life-saving medical devices.”
The American Hospital Association and other healthcare groups are concerned that medical device manufacturers, if forced to pay the 2.3 excise tax, will pass the cost to hospitals and other purchasers of the medical equipment.
The excise tax is intended to produce revenue to help fund PPACA healthcare reforms.
More Articles on Medical Devices:
AHA, Others Urge IRS to Keep Medical Devices From Passing Tax to Customers
CMS Delays Data Collection for Physician Sunshine Act
White Paper Discusses Reusable Medical Device Cleaning Validation, Testing Requirements
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