Medical Device Tax Under Fire, Again
Tuesday, November 11, 2014
Source: Medical Device Business
Pundits are again speculating about the future of the Affordable Care Act, more widely now referred to as Obamacare. Now that Republicans are poised to take over the Senate in January, while widening their control of the House, they are feeling emboldened to continue chipping away at Obamacare, including its 2.3% medical device excise tax provision.
The Supreme Court last Friday also agreed to hear a new case that could limit the scope of the legislation. The case, King v. Burwell, will determine whether the federal government can offer insurance subsidies to citizens of the states that preferred not to create their own insurance exchanges.