You?ve probably never heard of H.R. 436, the Protect Medical Innovation Act of 2011. The bill was proposed by Rep. Erik Paulsen (R-MN) just a few months after the Patient Protection and Affordable Care Act (more commonly called ?the health care reform bill? or alternatively, ?Obamacare?) was slated to take effect.

BING NEWS:
  • Device industry poised for gains in new Congress
    WASHINGTON - The medical-device industry, which has spent nearly $150 million to lobby the federal government in the last five years, could be on the brink of a long-sought victory: killing a 2.3% excise tax on the products it sells in the United States.
    11/14/2014 - 4:33 am | View Link
  • In Deal to Cut Corporate Taxes, Shareholders Pay the Price
    The Medtronic deal is the biggest one so far. The merger of medical device makers is structured so that Medtronic ... He also said that the company was covering the excise tax for executives and directors “because they should not be discouraged from ...
    07/8/2014 - 4:03 pm | View Link
  • Why the Medical Device Tax Came to Rule the Debt-Ceiling Talks
    The medical device tax is a 2.3 percent excise tax on such items as defibrillators ... bringing a repeal bill to a vote because he helped broker a deal to cut the tax in half in 2009. And the biggest backer of the tax, President Barack Obama, has promised ...
    10/15/2013 - 9:16 am | View Link
  • Hoosier lawmakers urge repeal of medical device tax
    Republican members of Indiana's congressional delegation sent a letter to House Speaker John Boehner and Senate Majority Leader Harry Reid this week asking that repeal of the medical device tax be included in any deal to ... of the New Excise Tax on ...
    10/4/2013 - 6:55 am | View Link
  • Editorial: Congress should keep tax on medical devices
    But the tax is a sensible way to get a major player in the lucrative health care industry to help defray some of the costs of health care reform, and it should not be repealed unless replacement revenue is found. The 2.3 percent excise tax, which took ...
    10/2/2013 - 2:25 pm | View Link
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    Politics September 12, 2014 This Is What a GOP Senate's First 100 Days Will Look Like Hint: They'll be extremely friendly to big business
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  • Medical Excise Tax on Retail Receipts Show How We?re ...
    “The 2.3% Medical Excise Tax that began on January 1st is supposed to be ‘hidden’ from the consumer, but it’s been brought to the public’s attention by ...
    03/30/2015 - 10:01 am | View Website
  • Excise Tax on Medical Devices Should Not Be Repealed ...
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