House panel to vote today on medical device tax repeal

A panel in the U.S. House of Representatives is slated to vote today on a measure that would do away altogether with the medical device tax.

Although the 2.3% levy on prescribed medical devices was enacted as part of the Affordable Care Act in 2010, it didn’t go into effect until 2012 and was mothballed two years later; that moratorium, extended earlier this year, is slated to end in 2020.