News & Press Releases

CEO Corner: The Looming Excise Tax on Medical Devices

Commentary from CEO Shawn Regan

August 2011

I wanted to talk a bit about the looming 2.3% excise tax on medical devices.Part of President Obama's healthcare reform bill (i.e. the Affordable Care Act) includes a 2.3% excise tax on sales of most medical products.This tax is scheduled to take effect in 2013 and is widely regarded by medical device industry groups and companies as detrimental…