Medical device makers mull layoffs after ObamaCare

Yet another shocker.

(By Ed Morrissey; Hot Air) - Earlier today, we discovered that companies offering employees health insurance might just be able to do math and discover that they can save money by dumping their benefit plans. In yet another entry in the 'Quelle Surprise' Department, medical device manufacturers now facing massive taxes and fees from ObamaCare have to start looking for places to save money. And guess where that will be?

Massachusetts medical-device companies say they’ll cut back on operational costs – and jobs – after a planned 2.3 percent tax on their products is implemented in 2013, according to a new survey.

The Massachusetts Medical Device Industry Council, which held its annual meeting yesterday in Boston, said about 90 percent of the 100 medical-device firms said they would reduce costs due to the new tax tucked into the recently passed health-care reform bill.