U.S. House approves device tax repeal
June 18, 2015
– The U.S. House of Representatives on a bipartisan 280-140 vote June 18 approved a repeal of the excise tax on medical devices, which generated widespread industry and professional opposition. ADA members sent more than 2,700 messages to Congress supporting repeal of the tax.
The House approved legislation offered by Rep. Erik Paulsen, R-Minn., the Protect Medical Innovation Act of 2015.
The Senate is likely to consider repeal legislation later this year and the White House has threatened to veto repeal legislation even as a U.S. Supreme Court ruling is expected by June 30 on the fate of the larger Affordable Care Act that authorized the tax as a revenue measure.
"The dental manufacturing industry estimates that the medical device tax increases the cost of dental care by over $160 million annually resulting in harm to our patients and an increase in the overall cost of health care," the Association told Congress
Certain medical and dental devices are subject to the 2.3 percent medical device excise tax, which is payable by the manufacturer of the covered device.