Utah medical device manufacturer says Affordable Care Act tax will hurt innovation

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  • Happy Valley Heretic Orem, UT
    Jan. 23, 2014 12:59 p.m.

    Orrin has made millions from bribes received while in office from the Medical Money Machine.
    55 Million sounds big but it's really a 2.3 percent medical device excise tax on sales of certain products.

    More, complaining while doing nothing.

  • There You Go Again Saint George, UT
    Jan. 23, 2014 12:38 p.m.

    If the tax rate for this company/industry, were zero, I'm sure there would be a massive upsurge in the P part of the P & L statement.

    Executive bonuses would continue to skyrocket.

    And... all of those 344,000+ jobs would return...

  • T Cohen Mt. Laurel, NJ
    Jan. 23, 2014 8:23 a.m.

    Excellent medical care? The US? Pretty sure it's one of the worst in the world.... Cuba has better Medical care than us. That's a fact...

  • David Centerville, UT
    Jan. 22, 2014 7:07 p.m.


    Have you spoken to anyone in the medical device/research industry . Obamacare is absolutely having an effect.

    I visited with someone today who creates information technologies to hospitals and health care systems. These medical service organizations are experiencing tremendous uncertainly. They cannot dedicate much capital at all towards innovation, improvements, and research.

    I spoke with a man last week that works for a company that builds and sells lasers for surgery. They have had very good results using lasers for cancer therapy--eliminating destruction of surrounding tissues and organs, while targeting cancer cells. The company is unable to sell their product because hospitals and treatment facilities have no capital.

    This "trickles down" to unemployment in the tech sector. It affects families. It affects individuals, It affects you and me.

    The US has had excellent medical care. Where are we heading now?

  • Brave Sir Robin San Diego, CA
    Jan. 22, 2014 4:41 p.m.


    You couldn't be more wrong. AdvaMed has estimated that the MDET has already cost 344,000 jobs in the medical device field, in just 12 months that the tax has been in effect. R&D budgets have been cut across the entire field from 5-10%. Meanwhile, foreign companies are reaping the benefits, especially Chinese manufacturers. This tax has been a great job creator...for China.

  • Schwa South Jordan, UT
    Jan. 22, 2014 4:12 p.m.

    They'll continue to be quite profitable, as will hospitals. What it may really hurt is executive bonuses. And I won't be losing a lot of sleep over that. Innovation will continue, because that's how they continue to make money. And in the mean time, millions of Americans get better health care. Consider me unswayed by these arguments.

  • David Centerville, UT
    Jan. 22, 2014 3:52 p.m.

    The cost of research, marketing, development, manufacturing, sales, etc contributes to the escalating cost of health care.

    Likewise, the litigious nature of our society fuels some of this research, and likewise contributes to health care costs.

    But this is all driven, largely, by patients, clients, customers. It is supply and demand.

    This may be a radical proposal, but if government simply got our of all healthcare (Medicaid, Obamacare, etc) it would force a corrective move in the industry, which is happening anyway as this article presents.

    Obamacare has caused unforeseen and untold problems on a large scale as well as on the individual level. It could have been so much better, but the Democrats refused to allow input other than from high roller lobbyist. Follow the money and we'll find Democrat fat cats greatly benefitting from Obamacare.