The Medical Device Excise Tax Puts Patient Care, Local Economies at Stake
Wednesday, June 10, 2015
There are many statistics and figures that get cited on both sides of the debate on repealing the medical device tax, but there is one number that cannot be contested: 1,000.
That is the approximate number of patient groups, innovators, associations and provider organizations that came together and urged congressional leadership in the House and Senate to put an end to the damaging effects of the medical device tax and repeal it once and for all. Associations including MedTech, a trade association for the Bio/Med industry in New York State, represent our interests and those of nearly 350 other New York State medical technology companies.
Why? Because the effects of this tax are devastatingly clear: it thwarts innovation, hurts patient care and destroys jobs.