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Not-So-Happy New Year: Device Tax Not Addressed In Fiscal Cliff Law

There’s no mention of a device tax delay or repeal in the measure signed by President Obama Jan. 2, and the new law contains some Medicare payment cuts as one-year “Doc Fix” pay-fors.

Device firms’ year-end hopes were dashed last week on the news that the fiscal cliff measure

(H.R. 8) agreed to by Congress over the New Year holiday and signed by President Obama Jan. 2 does not include a repeal or delay of the medical device excise tax, despite a concerted push by device lobbyists to make it so

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