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What's Ahead In The US Senate: Support Builds For Bills To Lower Health-Care Costs, End Device Tax

 
• By Sue Darcey

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.

Capitol House

US senators chairing key health care panels are planning to back industry-favored bills this spring and summer – including repeal of the medical device tax – but any price transparency proposals by senators in cost-reduction bills could put more pressure on medical device pricing in the US.

Both Senate Finance Chair Chuck Grassley, R-Iowa, and Sen. Lamar Alexander, R-Tenn., are gearing up to introduce bills intended to lower health-care costs, and not just the price for prescription...

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