Representative Erik Paulsen (R-MN) is back at work trying to eliminate the 2.3% excise tax that medical device companies are set to pay as part of last year’s healthcare reform act.
Paulsen introduced the Protect Medical Innovation Act on Tuesday, a bill that would do just that. Last year, Paulsen introduced the Defend Medical Innovation Act, which would have accomplished the same thing had it been able to pass before the end of the congressional session. This year’s Protect Medical Innovation Act has 41 cosponsors; Orrin Hatch (R-UT) introduced will introduce companion legislation in the Senate.
Paulsen’s current bill may be flying a bit under the radar so far, slightly overshadowed by both President Obama’s State of the Union address and Republicans’ broader attempts to repeal the so-called “jobs-killing” healthcare reform act, but I’m guessing it’s no less relevant to medical device...