Sunday, November 6, 2016

"The device tax taps into voters’ feelings about placing such levies on businesses and into opinions about the Affordable Care Act’s future."

Medical device tax emerges as issue in congressional races



"The device tax taps into voters’ feelings about placing such levies on businesses and into opinions about the Affordable Care Act’s future. A provision of the federal health law, it was designed to tax manufacturers of some of the most expensive items on medical bills — from pacemakers to artificial joints. Revenues from the tax were meant to help finance the act, so to some it became a proxy for the act itself. Congress voted to suspend it for two years — until 2018 — after intense lobbying by the medical device industry, and, in states with a heavy industry presence, candidates are being asked to take a stand on whether they’ll push to have the tax repealed."

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