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Medical Device Tax

Repeal Device Tax

AdvaMed has consistently and strongly opposed the 2.3 percent medical device tax. 

The U.S. leads the world in medical technology, but the medical device tax threatens that leadership because it puts an additional, punitive burden on medical device innovators by imposing a up-front tax on revenue and only on the medical technology sector. 

At the beginning of 2018, Congress suspended the tax for another two years, preventing harmful cuts to jobs and investments; now, Congress needs to fully repeal the tax to save and improve patients’ lives, unleash new job growth and innovation. Only with long-term relief will the medtech industry be able to make the multi-year investments in R&D and infrastructure necessary to sustain the innovation ecosystem and take the next leap forward in patient care. 

On July 24, the House voted to permanently repeal the medical device excise tax with the passage of H.R. 184, the Protect Medical Innovation Act of 2017. 283 Members of Congress, including 57 Democrats, sent a strong signal of support for repeal.

Securing this significant House vote was very important. The large margin reemphasizes the level of support this issue has in Congress and distinguishes the need for repeal as an issue separate from other taxes included as part of the Affordable Care Act. Most importantly, this successful vote has well positioned this issue for further consideration in the Senate this year. The Senate companion bill (S. 108) also has strong bipartisan support, including eight Democratic co-sponsors, and AdvaMed is working with its members to advance the issue and eliminate this tax once and for all.

Click here to thank Congress for protecting medical innovation.

The benefits of full-repeal:

71% of companies surveyed would reinstate previously foregone hiring.
85% of companies surveyed would reinstate previously foregone R&D projects. 
2M jobs directly and indirectly supported by medical technology all over the United States.

⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Download the Medical Device Tax Repeal Infographic

Latest on Repeal Efforts

What's Really Being Taxed?

Recent advocacy efforts have focused on asking Congress one simple question, “What’s really being taxed?” Without repeal of the medical device tax, new treatments and cures could be out of reach for patients and families across the country. 

The following ad was featured on The Hill, CNN, and Fox News websites. 

Make America Work Again

The device tax threatens our country’s ability to invest in next-generation solutions and our ability to improve patient care. It threatens our economy. And it threatens good-paying, high-quality American jobs.

New Jobs Study Released

In early March, American Action Forum (AAF) released a study that projects that if the Medical Device Tax resumes in 2018, up to 25,000 additional jobs could be lost by 2021. However,  if the tax is permanently repealed, it is expected that the jobs already lost when the tax was in effect will be recovered within three to five years. This means that the net impact of permanently repealing the medical device tax could be in excess of 53,000 additional jobs, compared to what would occur if the tax remains in effect.

Click here to download the full report.

Red Box Drop on Capitol Hill

In early September we delivered empty MedTech red boxes to every Congressional office on Capitol Hill to signify the loss of innovation due to the medical device tax.

Click here to learn more.

Medical Device Tax Suspension Drives Growth

Advertising

'Red Box Drop' Campaign

It's Time (Ad)

Now Hiring: Medical Device Tax Repeal (Ad)

Innovation Needs A Clear Road Ahead (Ad)

U.S Department of Commerce Data Shows Loss of 29K Jobs (Ad)

The Medical Technology Industry Is Ready (Ad)

Let's Make Medical Technology Innovation A Priority (Ad)

Welcome 115th Congress...Repeal The Device Tax (Ad)

Related Links

Press Release: AdvaMed Statement on House Passage of Device Tax Repeal

Press Release: Medtech Industry Readies Senate Push For Full Device Tax Repeal

Press Release: New Data Shows MedTech Industry Poised for Greater Investment & Growth with Full Device Tax Repeal

Press Release: AdvaMed Urges Swift Action on Device Tax Repeal Following Introduction of Senate Legislation

In the News

Politico: U.S. House Votes to Kill Sales Tax on Medical Devices

Washington Post: The Health 202: ACA’s medical device tax once again on the chopping block

Wall Street Journal: Election-Year Devices; The House votes to repeal a nasty tax on medical innovation

Star Tribune: U.S. House votes to kill sales tax on medical devices

Star Tribune: MedTech Trade Group Takes Aim at Device Tax

Mass Device: AdvaMed Readies Media Push Ahead of House Vote on Medical Device Tax Repeal

Jared Whitley: Sending the Medical Device Tax to the Morgue

Boston Scientific Applauds U.S. Medical Device Tax Suspension, Looks Ahead Toward Repeal

The Wall Street Journal: Medical-Device Industry Boosts Efforts to Fight Excise Tax

Breitbart: Medical Manufacturers Ask President Trump to Repeal Obamacare’s Device Tax

Los Angeles Times: One industry that's getting a tax hike in 2018: medical devices

Morning Consult Op-ed: Repeal Tax on Medical Innovation

Modern Healthcare Op-ed: Let’s Make America’s Future a Priority and Repeal the Medical Device Tax

Syracuse Post-Standard Op-ed: Congress, permanently repeal the medical device tax

Austin American-Statesman Op-ed: Removing medical device tax can boost health care, economy

The Inquirer Philadelphia: Bipartisan Lawmakers Agree this Tax Crushes Innovation, So Let's Just Repeal it Already

RealClear Health Op-ed: Scoring a Win for Patients, Jobs, Innovation

Washington Examiner Op-ed: The Medical Device Tax is Hurting Women Even More Than It's Hurting Men

Fox Business: Scott Whitaker Discusses the Impact of the Medical DeviceTax on Business

Neurosurgery Blog Op-ed: Putting Patients First: Repeal the Medical Device Tax

Wisconsin State Journal Op-ed: Scott Whitaker and Lisa Johnson: Ax the medical device tax to unleash innovation

The Salt Lake Tribune Op-ed: Repeal medical device tax to help patients and Utah economy

Philadelphia Business Journal Op-ed: The medical device tax: Moving from suspension to full repeal

The Journal Gazette Op-ed: Medical Device Tax Hampers Innovation