US Election 2020: Almost All House Members Backed By Industry PAC Dollars Retain Seats
Democratic Reps. Richard Neal of Massachusetts and Frank Pallone Jr. of New Jersey are expected to continue chairing key House panels
Out of 31 US House incumbents supported by high amounts of medtech industry political action committee (PAC) dollars, only one – Chrissy Houlahan of Pennsylvania – lost in last week’s election.
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Medtech Insight takes a look at political action committee money that medtech entities have been contributing to US House members, and device-friendly legislation those lawmakers have backed.
Most US House of Representatives Democrats in prior sessions of Congress have been lukewarm in their opposition to the medical device tax, and in the 2018 session, a minority of Democrats voted for repeal. But this year, a large influx of first-term Democratic House members say they campaigned in favor of the Affordable Care Act, which the device tax was designed to support. One of those incoming freshmen, Rep. Chrissy Houlahan, D-Pa., explained to Medtech Insight in a recent interview why she is a staunch supporter of the ACA, but opposes the device tax, and would abolish it.
Tom McLain tells how the new MCIT policy from the US Medicare agency – and winning support from Congress – will guarantee Medicare coverage for his company’s product, an artificial intelligence-enabled in vitro diagnostic platform.