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MDMA Statement on House Passage of Cadillac Tax Repeal, Urgency of Repealing the Medical Device Tax

Thursday, July 18, 2019  
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MDMA Statement on House Passage of “Cadillac Tax” Repeal, Urgency of Repealing the Medical Device Tax

WASHINGTON, D.C. – Mark Leahey, President and CEO of the Medical Device Manufacturers Association (MDMA), issued the following statement today urging Congress to fully repeal the medical device tax on the heels of House passage of H.R.748, “The Middle Class Health Benefits Tax Repeal Act of 2019,” also known as the “Cadillac Tax:”

“MDMA fully agrees with the House of Representatives that when a policy is bad for patients and stifles access to health care, action needs to be taken.  This is why it is critical that Congress quickly takes steps to permanently and fully repeal the medical device tax.

“There is broad, bipartisan and bicameral agreement that the device tax is bad for patient care and job creation, and unfortunately this policy has already caused damage to the innovation ecosystem that can never fully be repaired.  We urge Congress to ensure that the punitive measures caused when the device tax was in place never happen again, and MDMA remains committed to working with the growing bipartisan majority who agrees.”

 

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