Medical device tax: After the election, high hopes for repeal
November 8, 2012 by Arezu Sarvestani
Some medical device industry stakeholders are "cautiously optimistic" that the 2.3% medical device tax can be repealed before it takes effect in January, as others remain "laser-focused" on bringing the measure down.
President Barack Obama may have won another 4 years to cement the Affordable Care Act, but device makers are still "cautiously optimistic" that they can repeal the law's 2.3% medical device tax before it hits next year, industry stakeholders said this week.
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