Page 27 - 2021 AGD ADVOCACY
P. 27

Repeal of the Medical Device Tax




          • A small but important part of the 2010 ACA was the 2.3%

              medical device excise tax, which was levied on the


              manufacturer, producer, or importer of the device


          • The tax resulted in higher prices as well as less R&D



          • The tax failed to lower healthcare costs for consumers, and

              increased costs and burdens on the healthcare industry



          • It was suspended with bipartisan support in 2016 but was set

              to go back into effect at the end of 2019
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