Stefanik: Medical device tax bad for business, health

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WASHINGTON (WCAX) An Obamacare rollback could mean more jobs in and around Lake George-- and more affordable health care across the country.

U.S. representatives are targeting the medical device tax, with Republicans and dozens of Democrats voting to repeal it.

The 2.3 percent tax falls on manufacturers of medical devices, like artificial joints or catheters produced in places like Warren County, New York.

Rep. Elise Stefanik says the tax is bad for business and your health.

"I think there's an understanding that this is a tax on innovation, it's a tax on medical device products, and ultimately it's a tax on patients who want to have lower [cost] and very high-quality health care," said Stefanik, R-New York.

Stefanik says the tax also falls unfairly on women, as they make up much of the medical device workforce.

Those who want to keep the tax say it raises billions of dollars to help cover health insurance for people who can't afford to pay full price.