Rep. John Katko (R-Camillus) thinks a major overhaul of the Affordable Care Act could be on the horizon.
Katko says recent developments in Washington are not good news for the federal health insurance program. For example, the two-year moratorium on some of the taxes in place in conjunction with the program, like the Medical Device Tax. Katko says that along with failing state exchanges, and not enough younger people signing on to pay for the coverage older people use, all add up to change.
“Something’s going to have to break at some point. And I think at that point, like I said before, we’re past the point of not having health insurance for people, we should have health insurance. It’s going to gravitate more towards a private health insurance plan. And I think that’s good,” said the congressman.
Katko says the moratorium of the medical device tax is particularly important to central New York, which has a number of companies that are involved in the med tech sector, including Welch Allyn and Hill-Rom.
"I can’t wait to see how that impacts Welch Allyn and some of the other start up’s around here, because it’s really been a millstone around their neck as they try to compete internationally.”
Katko expects lawmakers will continue working to permanently repeal this tax.
