Medical Device Groups Blame ObamaCare Tax for Job Losses

Opponents of ObamaCare’s medical device tax released a pair of reports Wednesday that portray a dim future for the industry unless the controversial policy is repealed.

A survey of 100 executives by the Medical Device Manufacturers Association found that three-quarters of companies slowed or halted hiring to pay the new tax.

Another industry group, the Advanced Medical Technology Association (AdvaMed), warned that the tax will cost the country as many as 39,000 jobs, a finding that it described as a “call to action” for Congress.

That group’s survey, which included 55 member companies, found that 46 percent of companies are considering future decreases in hiring if the tax is not repealed.