New senate bill cuts proposed device industry fee
This article was originally published in RAJ Devices
Executive Summary
The US Senate has voted 60-39 in favour of holding a debate on a healthcare reform bill unveiled last week by Harry Reid (Democrat – Nevada), marking a significant victory for the Senate majority leader as well as for President Barack Obama1. Most notably, this latest bill would impose an annual fee of $2 billion on the medical devices industry, whereas earlier Senate versions had proposed a $4 billion annual fee2.