U.S. Rep. Todd Rokita today issued the following statement after the House passed the Health Care Cost Reduction Act, H.R. 436, which would repeal the Medical Device Tax:
“Today’s vote is a bipartisan victory for Indiana. The poorly conceived medical device tax, passed as part of ObamaCare, would destroy thousands of Hoosier jobs and increase costs to those who rely on these devices for improved quality of life. I’m hopeful that the Senate will pass the Protect Medical Innovation Act quickly,” Rokita said.
The legislation would also reform strict regulations placed on flexible spending and health savings accounts, under ObamaCare. H.R. 436 restores access to non-prescription medication for those who use these individually managed accounts.
Indiana is on the forefront of the medical device field, with nearly 70,000 Hoosier workers throughout the state employed in the industry.