ObamaCare tax cost 33,000 jobs, medical trade group says
By S.A. Miller
February 21, 2014 | 2:58am
WASHINGTON — A new ObamaCare tax on medical devices has already resulted in the loss of about 33,000 jobs in the industry, according to a prominent health-care trade association.
The grim statistic negates claims this week by Health and Human Services Secretary Kathleen Sebelius that “there is absolutely no evidence . . . that there is any job loss related to the Affordable Care Act.”
The Advanced Medical Technology Association surveyed its members to determine the number of lost jobs since the 2.3 percent excise tax on medical devices took effect in January 2013, raising about $3.8 billion a year to help pay for ObamaCare.
The survey found that nearly a third of respondents had cut research and development because of the tax, and almost 10 percent had moved manufacturing abroad.
The job losses were put at about 14,000, with another 19,000 openings that were left unfilled.
https://nypost.com/2014/02/21/obamacare-tax-cost-33000-jobs-medical-trade-group-says/
“Advanced Medical Technology Association surveyed its members to determine the number of lost jobs since the 2.3 percent excise tax on medical devices took effect”
Not very scientific. The group doing the survey is against the tax.
Hey if it not your job what do you care …right ?
The number is fiction. The industry group called its members or maybe guesstimated on their behalf.
I was talking about the number they selected not a person who might lose their job. How many people work in the medical device industry anyway. 33000 is a big number. The tax will be passed onto insurers and the people getting the device. Why would there be layoffs? If I needed a knee replacement the extra tax would not affect my decision.
I also feel bad for the long term unemployed
The sector employs 400,000 Americans directly and is indirectly responsible for almost 2 million more that supply and support the highly-skilled workforce. 80% of its companies have 50 or fewer employees https://www.forbes.com/sites/henrymiller/2013/07/24/u-s-medical-device-industry-in-critical-condition/