By Jason Millman - 01/27/11 05:01 PM EST
"While AdvaMed supports repeal of the excise tax, it remains committed to the central elements of health reform that are consistent with our long-held principles, including expanded coverage, reform of the payment system to encourage quality and efficiency, and a new emphasis on health promotion and disease prevention," AdvaMed President and CEO Stephen Ubl said in a statement. "As other proposed changes to the bill are considered by Congress, we will evaluate them in the light of these principles and their impact on patients and medical innovation.”
The bill would repeal the tax without offsetting the cost.
"We are looking to straight repeal these job-destroying taxes," a Hatch spokeswoman said.