Memphis, Tenn. — A medical company is blaming President Obama’s health care law for the layoffs of nearly 100 people.
Smith & Nephew says a 2.3 percent excise tax on medical devices in the “Obamacare” law caused the layoffs in the Memphis and Andover, Mass., offices.
“The nearly $30 billion tax on medical devices that took effect Jan. 1, 2013, has impacted a number of companies across the U.S.,”
the company said in a statement to WHBQ-TV.
Joe Metzger, senior vice president of corporate communications for the company, tells the Memphis Business Journal that they were “not immune” to the tax burden.
“Unfortunately, and in order to absorb this cost burden into our business, this has meant less than 100 positions have been made redundant across various departmental functions in our Tennessee and Massachusetts sites,” Metzger told the Business Journal.
Senator John Barrasso was sworn in to the United States Senate in 2007 having represented the people of Natrona County in the Wyoming State Senate. Barrasso was then elected to the United States Senate on November 4, 2008 and reelected in 2012 to his first full term. Barrasso is known by many as Wyoming’s Doctor. He has a long and recognized career in both medicine and public service.
During 24 years as an orthopedic surgeon in Casper, Barrasso served as President of the Wyoming Medical Society and was named Wyoming Physician of the Year. He also served as medical director of the Wyoming Health Fairs, bringing low-cost health screening exams to people all around the Cowboy State.
Barrasso is known throughout Wyoming for his health messages. His public service announcements have been on TV, radio and in numerous newspapers for more than 20 years. Barrasso has also hosted Wyoming’s efforts on the Jerry Lewis Labor Day Telethon.
Memphis, Tenn. — A medical company is blaming President Obama’s health care law for the layoffs of nearly 100 people.
