medical device tax

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Rep. John Katko (R-Camillus) thinks a major overhaul of the Affordable Care Act could be on the horizon. 

Katko says recent developments in Washington are not good news for the federal health insurance program. For example, the two-year moratorium on some of the taxes in place in conjunction with the program, like the Medical Device Tax. Katko says that along with failing state exchanges, and not enough younger people signing on to pay for the coverage older people use, all add up to change.

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New York politicians are raising concerns that the sale of medical device manufacturer Welch Allyn could put central New York jobs in jeopardy.

When Hill-Rom announced Wednesday morning that it is acquiring Welch Allyn, it did not say that any jobs would be eliminated at the Skaneateles Falls-based company. But that's what was immediately on the mind of the lawmakers who represent the central New York in Washington, D.C.

Sen. Charles Schumer (D-NY) told reporters Wednesday he had a “call in” to company representatives to find out more.

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One of the key points of contention in the Affordable Care Act is the medical devices tax. Republicans want the 2.3 percent tax designed to help fund health care reform removed.

The medical device industry has also lobbied extensively to have the tax repealed, claiming it will stifle innovation and result in job losses.