Medical device tax: Survey shows pessimism that repeal efforts will work
A MassDevice.com survey of medical device industry stakeholders finds that a majority are pessimistic that the medical device tax will be repealed.
Sentiments within the medical device industry aren't as rosy as they appear from the perspective of the lobbying groups, according to the results of a snap survey conducted by MassDevice.com.
While a trio of industry lobbying groups has been campaigning for repeal of the 2.3% medical device tax that's slated to take effect at the start of the year, the view from within seems to be that the tax is here to stay- and not enough is being done to fight it.
Of more than 100 survey respondents, 76% responded that there was no way to stop the medical device tax, or that they were pessimistic that efforts aimed at repealing the tax, which was created through President Barack Obama's Affordable Care Act, will work.