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AdvaMed Praises House Problem Solvers Bill to Repeal Medical Device Tax
WASHINGTON, D.C. – The Advanced Medical Technology Association (AdvaMed) issued the following statement from President and CEO Scott Whitaker following introduction of legislation (HR. 4695) by the House Problem Solvers Caucus, which includes repeal of the medical device excise tax:
“We commend Reps. Tom Reed (R-N.Y.), Josh Gottheimer (D-N.J.) and Kurt Schrader (D-Ore.) – along with the rest of the Problem Solvers Caucus – for highlighting the need to repeal the medical device tax as part of their solution to the challenges facing the U.S. health care system.
“This is a tax on innovation, a tax on jobs, and a tax on the health and well-being of millions of American patients. It makes no sense from either a health care or a tax policy perspective, which is why bipartisan majorities for years in both the House and Senate have called for this tax to be repealed.
“We only have a few days before this tax goes back into effect, so we urge the Congress and the Administration to follow the Caucus’ lead and repeal this onerous tax once and for all.”
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