Rep. Paulsen: Device tax hurts the medtech success story
The medical device tax taking effect in less than 1 month hurts the medtech "success story," House Rep. Erik Paulsen (R-Minn.) says.
The impending medical device tax may have dire consequences for the medical device industry, especially in Minnesota where the industry hosts one of its largest hubs, according to House Representative Erik Paulsen (R-Minn.).
"The industry contributes $43 billion to [Minnesota's] economy each year," Paulsen wrote in a letter to fellow North Star State regulatory Governor Mark Dayton. "But this Minnesota success story is being threatened by the new medical device tax included in the Patient Protection & Affordable Care Act."