Devices & Diagnostics

Medical device tax repeal effort gathering steam (or at least huffing and puffing)

Fresh off his vote to repeal healthcare reform, Minnesota Congressman Erik Paulsen is circulating a “Dear Colleague” letter hoping to gather sponsors and resurrect his bill to repeal the medical device tax (called the Defend Medical Innovation Act).

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Fresh off his vote to repeal healthcare reform, Minnesota Congressman Erik Paulsen is circulating a “Dear Colleague” letter hoping to gather sponsors and resurrect his bill to repeal the medical device tax (called the Defend Medical Innovation Act).

“If we are to strengthen our economy the government should be taking actions to encourage medical innovation, not killing it,” according to Paulsen’s letter. “As many of you know, device manufacturers will have to cut R & D or may be forced to lay off employees due to this disastrous tax.” (Emphasis his)

Paulsen originally introduced the medical device tax repeal legislation in April.

The bill foundered, though, and the re-introduction will likely get stuck in the guerrilla war that is healthcare reform repeal. The money raised from the medical device tax is being used to fund President Obama’s healthcare reform legislation. Unless healthcare reform disappears — and that may take two years — it’s unlikely that repealing the medical device tax will have enough votes.

Nonetheless, you have to admire Paulsen’s vigor in his letter.