The US House of Representatives has passed landmark healthcare reform legislation that, if enacted, would among other things impose a 2.5% excise tax on medical devices sold for use in the US1.
The Affordable Health Care for America Act, which was passed by a vote of 220-215 on 7 November, combines and updates the three versions of previous bills passed by the House committees of jurisdiction earlier this year, and is said to embody President Barack Obama’s key goals for healthcare reform (ie reducing healthcare costs, protecting and increasing consumers’ choices, and guaranteeing access to quality, affordable health care for all Americans2)...
