House health bill seeks $20 billion device tax
The House health reform bill unveiled on Thursday would impose roughly $20 billion in taxes over the next decade on medical-device makers, about half the amount approved by the Senate Finance Committee earlier this month. AdvaMed commended the House lawmakers for the progress and believes that such a tax should be delayed until 2013 and should protect small companies, said Stephen Ubl, the group's president and CEO.
Hill, The | 10/29
This story published in AdvaMed SmartBrief on 10/30/2009
More from SmartBrief:
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