As ACA 'Repeal-And-Replace' Plans Form, Some Senators Silent On Device Tax Repeal
As Obamacare repeal-and-replace plans begin to take shape in the Senate, not all of the legislative proposals include provisions to repeal the medical device tax, and fewer senators in the 2017-2018 Congress have signed on to support repeal of the tax than did in the early days of the prior Congress.
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The medtech industry should expect legislation to gain attention in the US Senate in the coming months to lower health-care costs and promote transparency to allow cost-conscious patients to shop for the most effective and lowest-priced surgical and advanced imaging procedures, as well as bills to repeal the device tax, key Senate health players say.
The House Republican conference decision to pull the American Health Care Act from consideration means repeal of the medical device tax has died, at least in the short term. After hours of debate on the floor, and failing to gather enough votes to pass the bill, House Speaker Paul Ryan and President Trump called a halt to the Affordable Care Act repeal effort, saying they will now focus on other objectives, such as tax reform.
Under a GOP Affordable Care Act "repeal and replacement" discussion draft, all ACA taxes – including the medical device tax – would be repealed, and each state would decide what minimum essential health benefits add up to acceptable health-care coverage.