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US Senator Wants Medical Device Tax Cancelled


About 1,170 workers worldwide from Stryker Corp, maker of Rejuvenate and ABG II hip replacement devices, may lost their jobs due to the anticipation of the 2.3 percent medical device tax for Obamacare. However, US Senator Kay Ruthven Hagan is contriving to cancel the tax to avoid lay-offs in the medical industries, says a medical device industry news website. She is worried that many medical industry workers in her home state (North Carolina) may potentially lose their jobs, that is why she is trying to brainstorm ideas with business leaders in her state. She is in favor of funding Obamacare, but does not want the revenue created at the expense of her state’s economic health.

Read More: U.S. Senator Working to Repeal Medical Device Tax


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