Tag Archives: medical device excise tax

Breaking: CMS Issues Final Rule on Medical Device Excise Tax O&P Status

Earlier today, CMS published the final rule on the implementation of the medical device excise tax in the Federal Register. The medical device excise tax, a 2.3% tax levied on Class I, II and III medical devices, has been a … Continue reading

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Obamacare Regulations Begin to Trickle Out After Election

With the Presidential election now over, many are expecting a heavy dose of proposed rules, regulations, delays and negotiations between HHS/CMS and individual state governments as they struggle to comply with many looming mandates of the controversial health care reform bill … Continue reading

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House Votes to Repeal Medical Device Excise Tax, Prosthetic Coverage Restored in Hawaii Medicaid

House Passes Medical Device Excise Tax Repeal — The United States House of Representatives voted last week to repeal the Medical Device Excise Tax by a 270-146 margin, with 37 Democrats joining all house Republicans in supporting repeal. A key component … Continue reading

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Busy Week in Washington Last Week…

Health care was a hot topic in Washington DC last week, and not just both sides impatiently awaiting the Supreme Court ruling on the constitutionality of the Affordable Care Act. The Department of Health and Human Services released a proposed … Continue reading

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Orthotics and Prosthetics Likely “Exempt” from Medical Device Excise Tax

The Internal Revenue Service (IRS) and the Treasury Department recently released initial rules providing details of how the IRS plans to implement the medical device excise tax.  Created as part of the Affordable Care Act in 2010 during the reconciliation … Continue reading

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