Washington, D.C. Senior Government Relations Director Jodie Curtis was quoted in a Healthcare Business News article titled, “Reform Update: Government funding deal negotiations continue, with device tax in the mix.”
Last week, rumors surfaced that Senate Republicans were considering a deal that called for a one-year spending bill at sequestration levels, a temporary extension for the debt ceiling, and a two-year delay of the medical device tax. There have been repeated calls for an outright repeal of the 2.3 percent excise tax on sales of medical devices in the stalled budget negotiations. The tax is projected to raise nearly $30 billion over 10 years to pay for the law’s coverage expansion and other provisions.
Jodie commented, “I do think it has traction. I think it is being talked about among Senate Republicans, but it hinges on whether the White House is willing to have any part of the Patient Protection and Affordable Care Act included in the negotiations to re-open the government and raise the nation's debt ceiling. ”
Jodie highlighted that repealing the device tax wouldn't fundamentally change the structure of the law. “It was a way to raise money to fund the ACA, so in that way it influences the ACA, but it's not like shutting down the exchanges or overturning the individual mandate. Now if everybody gets a repeal, then you've got a real problem because that's the money coming in to pay for the ACA," she concluded.