medical device tax

Cook Medical is a medical device manufacturer based in Bloomington. The company employs more than 7,000 people nationwide.

Statewide

Deal To Reopen Government Includes Medical Device Tax Suspension

Barbara Brosher

The suspension of the tax goes into effect retroactively, starting with Jan. 1 of this year.

Indiana is home to a multi-billion dollar life sciences industry.

Statewide

Medical Device Tax Suspension Expires, Companies Want Repeal

Sophia Saliby

The 2.3 percent tax first took effect in 2013 as part of the Affordable Care Act. Lawmakers passed a two-year suspension on the tax in 2015, but it expired at the end of last year.

Cook Medical in Bloomington put expansion plans on hold after the medical device tax went into effect.

Statewide

Messer: Permanent Medical Device Tax Repeal Could Happen This Year

Barbara Brosher

The multi-billion dollar medical device industry in Indiana has been pressuring Congress to pass a permanent repeal of the 2.3 percent excise tax since it went into effect as part of the Affordable Care Act in 2013.

The 2.3 percent levy helps offset the costs of the Affordable Care Act, but opponents argue itâ€™s a job killer and prohibits growth of the industry.

Health

AHCA Would Permanently Repeal The Medical Device Tax

Becca Costello

Indiana lawmakers have been trying to repeal the 2.3 percent levy for years.

Bloomington-based Cook Medical says the tax has forced it to put expansion on hold.

Statewide

Medical Device Tax Suspension Gives Hoosier Companies Relief

Barbara Brosher

The 2.3 percent tax helps offset costs of the implementation of the Affordable Care Act, but life sciences companies have fought to repeal it for three years.

Statewide

Halt To Medical Device Tax Praised In Indiana

Brandon Smith

Leaders from Indiana's medical device industry and both of the state's U.S. senators hailed Congress' passage Friday of a more than $1 trillion spending bill. The measure temporarily halts a controversial medical device tax.