In late January, Representative Erik Paulsen (R-MN), along with 41 bipartisan cosponsors, introduced the Protect Medical Innovation Act of 2011 (H.R. 436) in the House of Representatives. Senator Orrin Hatch (R-UT) introduced companion legislation, Medical Device Access and Innovation Protection Act (S. 17). If enacted, the bill provides for the immediate repeal of the excise tax on medical device sales that was passed last year as a part of the Patient Protection and Affordable Care Act (PPACA). The tax was included in PPACA as a revenue-raising provision, however, opponents of the tax claim that it will hamper innovation and send manufacturing jobs abroad. Other similar pieces of legislation to repeal the medical device tax have been introduced by Senator Scott Brown (R-MA) (S. 262) and Representative Jim Gerlach (R-PA) (H.R. 488).
14 Feb '11