House Committee Introduces Five-Year Medical Device Tax Delay
A tax relief package introduced in the House Ways and Means Committee last week would delay the medical device excise tax another five years.
The 2.3 percent tax has been subject to several moratoria since its passage in the Affordable Care Act in 2010, including a two-year delay extension as part of a continuing resolution in early 2018. The new bill would extend the delay until December 31, 2024.
AdvaMed CEO Scott Whitaker called the tax “bad health policy and bad economic policy,” and praised the committee for including the 5-year extension of the moratorium.