Protect Medical Innovation Act of 2015

Floor Speech

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Mr. YOUNG of Indiana. Mr. Speaker, ObamaCare's medical device tax has already been devastating to innovation, patient care, and job creation, especially in my home State of Indiana.

Up north, we have Warsaw, which is known around the world as the orthopedics capital of the world. In central Indiana, we have a burgeoning life sciences industry centered around the Indianapolis area. Further south, we have Bloomington, which is home to Cook Medical, the largest privately held medical device manufacturer in the world.

Medical device startups dot Indiana's landscape from Lake Michigan down to the Ohio River. Indiana's world-class medical device companies like Biomet, Boston Scientific, Hill-Rom, Zimmer, and dozens more don't just create and produce lifesaving technology. They also employ tens of thousands of Hoosiers, and these jobs pay well.

At a time when factories have closed and jobs in rust belt States have been sent overseas, medical device manufacturing jobs have been a lifeline for hard-working Hoosiers and their families.

Every day this tax remains in effect, we continue to slow advancements in lifesaving and life-improving technologies, and we hinder patient care. This day is long overdue. It is time to support H.R. 160 and finally repeal this harmful, ill-advised tax.

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