Momentum builds to repeal medical device tax
In Washington, momentum may be building to repeal an important funding source for the Affordable Care Act – a 2.3 percent sales tax on an array of medical devices – everything from surgical gloves to artificial joints.
The industry has raised an army to battle the provision on Capitol Hill and spent more than $200 million since 2008 on the effort.
The manufacturers’ campaign is just the latest example of why it’s hard to reform an industry that’s crying out for change.
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