3. Permanent repeal of the medical device tax
President Trump on Dec. 20 signed off on spending bills that included a permanent repeal of the 2.3% medical device excise tax. providing the medical device industry a win that it has sought for nearly a decade. The tax was part of the Affordable Care Act of 2010 and was one of a number of funding mechanisms meant to help pay for the health reform. But the medtech industry argued that the tax limited jobs and innovation
Device companies over the years achieved temporary suspensions of the tax through Congress — but never an outright repeal, until now.