The hotly contested medical device tax has a chance of being repealed after a House committee vote.
The committee Tuesday voted to repeal two provisions in the Affordable Care Act--the device tax and its Independent Payment Advisory Board (IPAB), according to MedPage Today. The full house will take up the repeal in mid-June, and if passed, the proposed legislation would move on to the Senate.
Of the two, the medical device tax had a better chance of repeal, the article said. But Congress would have to figure out how to pay for it, Dan Mendelson, CEO of the healthcare consulting firm Avalere, told the publication. "The fact the device tax has been repealed by House committee is a positive, and that could get folded into other legislation if there is an available offset to be had," he said. Article