Medical companies brace for ‘devastating’ ObamaCare tax, prepare for layoffs

Medical companies brace for 'devastating' ObamaCare tax, prepare for layoffs (FoxNews) Andre DiMino has been running medical device company ADM Tronics since his father, who founded the decades-old firm, died in 2001. He's never laid off anybody. "These people are like family with us," he said. The boss might not be able to hold out much longer. Come Jan. 1, an ObamaCare-tied tax specific to his industry is expected to go into effect. Though the Obama administration has downplayed the impact, DiMino calls it "devastating." "I think after all of these decades of not laying people off, I think w...


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