Bipartisan effort to repeal ACA ‘Cadillac Tax’ gains steam
In a recent analysis, the Kaiser Family Foundation estimated that 21 percent of employers offering health benefits will have at least one plan which applies for the tax.
In a recent analysis, the Kaiser Family Foundation estimated that 21 percent of employers offering health benefits will have at least one plan which applies for the tax.
House leadership approved a two-year suspension of the medical device tax and the Cadillac tax on high-cost insurance plans.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Also, the diagnostics industry fights back against FDA scrutiny, a new health tech incubator launches in San Diego and we're getting closer to a halt on the medical device tax.
Republicans aren't taking no for an answer when it comes to repealing the medical device tax.
Minnesota Congressman Erik Paulsen projects a bill repealing the medical device tax will be passed – soon. “I think we’re going to see that get across the finish line at some point this year,” he said, speaking at this week’s MedTech Investor Conference in Minneapolis. Paulsen said a Ways and Means committee has been scheduled for June 2 to figure […]
We might get Congress behind a medical device tax repeal, but the President? Less likely, according to The Hill, which compiled a list of important legislation that’ll be put forth this year to get a sign off from President Obama. Ranking sixth of eighth? The medical device tax – meaning that despite all the ballyhooing around the levy, it’s still pretty […]
There’s been a heightened level of chatter surrounding the medical device tax thanks, largely, to the recent GOP-heavy outcome of the recent races. It’s worth taking a look at the Congressional Research Service‘s economic analysis of the tax, whic provides a pretty transparent look at how the tax is playing out. The folks over at the […]
Those itching for a medical device tax repeal are finding hope from the GOP-heavy Senate, and its newly reelected Kentucky Senator Mitch McConnell. Republicans will likely focus their energy on dismantling the 2.3 percent tax on device revenues, according to the Washington Post WonkBlog: Republicans won’t be able to dismantle President Obama’s Affordable Care Act, but they are likely […]
Understatement of the week: There’s a bit of a clash of opinion when it comes to the medical device tax at the AdvaMed 2014 conference this week in Chicago. Namely, the trade group’s staunchly clinging to the opinion that it’s pretty much a disaster. But other sources at the conference, including the folks over EvaluateMedTech who released a […]
GE Healthcare Services and Mayo Clinic Ventures had opposite opinions on the prospects for medical devices startups at the MidAmerica Healthcare Venture forum this week in Chicago.
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
New data shows medical devices are probably not the problem in the wide variation of Medicare hospital charges for similar admissions, according to AdvaMed. The charges were actually lower for “device intensive” procedures — which showed a 59 percent fluctuation between charges from hospital to hospital — than “non-device intensive” procedures, which showed a 79 […]
In the snail race to end the government shutdown, House Republicans have proposed a new bill, which among other things, would delay the medical device excise tax for two years. The current proposal in the Senate doesn’t mention amending, much less repealing, the medical device excise tax. Rep. Darrell Issa (R-Calif.) told the Washington Post […]
Armed with a map and stats from John Eckberg, Cook Medical media relations director, the Washington Post’s Wonk Blog editor Ezra Klein makes a convincing argument for why the medical device excise tax repeal effort is so “compelling.” Here are Klein’s reasons why the medical device excise tax is “weak”: The lobbyists helped [with the […]
Medical device tax repeal not included in budget deal, Aide says to Bloomberg $BSX, $CFN, $MDT, $SYK — Sasha Damouni (@SashaDamouni) October 14, 2013 Bloomberg healthcare reporter Sasha Damouni has tweeted an aide told the magazine the medical device tax repeal is not included in the budget deal. Despite the intensive efforts of the medical […]
The 2.3 percent medical device excise tax that’s been in Washington’s crosshairs the past few weeks is adding up to expensive veterinary bills, NPR reports. Because many devices used on animals are human medical devices, the tax gets passed on to veterinarians and then on to pet owners. If the devices aren’t labeled specifically for […]