FLASH: House decides 242-173 to push medical device tax repeal to a vote

MassDevice.com coverage of the medical device tax

The U.S. House of Representatives today voted 242-173 to move forward on a bill to repeal the 2.3% medical device excise tax, promising a final vote on the measure later today.

Following an additional 90 minutes of debate, the House will issue a final vote that is largely expected to result in passage of the device tax.

The vote took place in the shadow of a Capitol Hill bulletin assuring that White House senior advisors would block the bill, H.R. 436, should the measure reach the President’s desk – a gesture that may have galvanized Democratic opposition to the bill.

House Democrats lined up in opposition to Rep. Erik Paulsen’s (R-Minn.) repeal bill, largely due to the pay-for Republicans established to make up for the $30 billion the tax is expected to generate over 10 years.

GOP leaders unveiled late last week in a measure intended to take a stronger hand in recouping overpaid health insurance tax credits granted to low- and middle-income families.

The plan would require full reimbursement of any excess tax credits patients receive under health care reform’s government-sponsored health insurance exchanges, doing away with a cap on liability for overpayments and a 2-year statute of limitations. Democrats warned that it would unfairly penalize families who improved their status, through new jobs or promotions, after having received the subsidy.

The measure could raise as much as $43.9 billion over 10 years, that didn’t garner much favor with Democrats.

"Pay for this bill – there are plenty of ways that we can," Rep. Jared Polis (D-Colo.) said on the House floor today . "Unfortunately this closed rule allows for no discussion other than the extremely partisan middle class tax increase, which the Republicans have proposed to pay for this bill."

Republicans insisted that the measure only recaptured credits that were inappropriately granted.

"We have heard consistently, over and over again … is that that somehow recapturing overpayments of healthcare subsidies is now considered a tax," Rep. Tim Scott (R-S.C.) responded. "At a time when we face a $16 trillion debt, we cannot afford to not recapture all the money owed to the federal government. My friends on the left want you to believe if you recapture dollars that were given inappropriately, that’s tax increase."

Paulsen’s bill will get a House vote following additional minutes of debate this afternoon. The bill had 240 co-sponsors at last tally, more than enough to pass.

RSS From Medical Design & Outsourcing

  • Procyrion CEO discusses its life-changing pump designed to heal the heart
    Ben Hertzog is the CEO of Procyrion, a Houston-based company that is developing Aortix, a custom designed pump built around a powerful micro-motor mounted on a set of expandable struts. Aortix is designed to rest and heal the heart by reducing afterload and improving blood flow to vital organs. Unlike other circulatory assist devices that […]
  • U.S. Based Qure Medical Acquires UK-Headquartered Silicone Altimex
    Qure Medical, with corporate headquarters in Twinsburg, Ohio, has acquired UK-headquartered Silicone Altimex, announced Randy Ross, President and CEO of Qure Medical. Financial terms of the agreement were not disclosed. Qure Medical provides integrated elastomer solutions to medical device manufacturers. Silicone Altimex is one of Europe’s leading independent manufacturers of cleanroom-produced silicone tubing components and […]
  • Coatings2Go is issued U.S. Patent for hydrophilic coating
    Coatings2Go, a medical device coating supplier, recently announced its receipt of a patent as it relates to hydrophilic coatings. The U.S. Patent Office has issued to Coatings2Go a patent with a grant date of July 14, 2015: U.S. Patent Number 9,080,061, “Coating Resins And Coatings With Multiple Crosslink Functionalities.” “This new patent is the third […]
  • Herrmann Ultrasonics, Inc. announces its 25 Year Anniversary
    In 1990, Thomas Herrmann, the son of Walter Herrmann, who founded Herrmann Ultraschalltechnik GmbH in 1961, established Herrmann Ultrasonics Inc. in the Chicago area. Hermann Ultrasonics, Inc. is proud to recognize a milestone year in observance of their 25th anniversary. Herrmann Ultrasonics has been focused on providing ultrasonic welding technology for various markets such as […]
  • Consumer Health Applications receive the most attention today, but the future is elsewhere
    Wearables for health fall into a wide range of technologies, functions, use cases and over-arching regulatory frameworks that developers and prospective entrants have to understand in order to effectively compete. Using an underlying taxonomy for human health, we establish a health-focused wearables taxonomy around three major categories—applications, use cases, and form factors—the three areas critical […]
  • Paralyzed men move legs with new non-invasive spinal cord stimulation
    Five men with complete motor paralysis were able to voluntarily generate step-like movements thanks to a new strategy that non-invasively delivers electrical stimulation to their spinal cords, according to a new study funded in part by the National Institutes of Health. The strategy, called transcutaneous stimulation, delivers electrical current to the spinal cord by way […]
  • SCHURTER’s new power entry module offers IP 54 protection with V-Lock cord sets
    SCHURTER is pleased to announce, that its power entry module, series 5707, now offers IP 54 protection with V-Lock cord sets at the power input, in addition to IP 65 protection to the equipment. The sealed module is ideal for use in medical equipment exposed to leaks, drips and spills, as well as equipment subject […]
  • GlobTek presents its latest level VI AC/DC adapter and connverter
    T-43086-WWVV-X.X-Q Model is an addition to GlobTek’s Level VI compliant GT-43086 family and represents GlobTek’s 6 Watt wall plug-in series of AC/DC adapters (power supplies and chargers) with International Interchangeable blades. GlobTek’s changeable input blade system with individual field replaceable input plugs, including: North America and Japan NEMA 1-15P, Australian, UK BS 1363, European CEE […]
  • Sanmina’s familiarity with FDA gets skin treatment product to market fast
    The medical market for cosmetic devices is booming. However, quickly launching new products to meet demand is becoming more challenging because device manufactures face increased regulatory scrutiny. To help meet regulatory requirements, aesthetic and other medical-device OEMs are partnering with electronics manufacturing services (EMS) companies that also offer expertise with the FDA filings necessary to […]
  • Fluid connectors and quick disconnects for IVD equipment from CPC
    Colder Products Company (CPC) offers thousands of tubing connectors, quick disconnects and fittings for smart fluid handling in IVD and analytical equipment. Non-spill connectors speed testing throughput by eliminating drips, preventing air inclusion and increasing operator safety. Panel mount connectors can be added to existing equipment or bottle caps to provide secure, leak-free connections. Puncture […]
  • 310 Watt desktop medical power supply meets efficiency level VI requirements
    Power Partners releases a new 310 Watt medical grade desktop power supply from their PEAMD Series of AC and DC adapters. The 310 Watt unit is packed for ideal performance inside a compact case measuring 7.8 x 4 x 2 in. with a weight of only 3 lbs. The PEAMD310 Series is approved to the latest […]

Leave a Reply