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1,300 jobs @ Invacare on the line..

1,300 Invacare employees at risk to lose jobs
Published: Thursday, December 24, 2009

By MEGAN ROZSA
mrozsa@MorningJournal.com

ELYRIA — If a new tax on medical devices, which is part of a health care reform bill, passes through the Senate today, roughly 1,300 employees at Invacare Corp. in Elyria are in danger of losing their jobs.

Invacare, based in Elyria, is the world's largest manufacturer of home medical products such as wheelchairs, home care beds, oxygen machines and bathroom aids. Invacare Chairman and Chief Executive Officer Mal Mixon said Invacare is a Fortune 500 company and most of its customers are older Americans with disabilities. However, Invacare is also international.

Answer Question
 
tnmomofive

Asked by tnmomofive at 8:49 AM on Dec. 28, 2009 in Politics & Current Events

Level 32 (56,190 Credits)
Answers (28)
  • The proposed bill imposes a yearly sales-based fee on all medical device manufacturers. The fee would raise $2 billion annually and will help pay the cost of providing more people with insurance.

    Mixon said passage of the bill would force him to cut salaries and benefits, and possibly ship jobs overseas.

    "The government is socking a big tax on a company that is trying to do good," Mixon said. "We're the answer, not the problem. It makes us cough up $20 million for 10 years to help pay for added coverage."

    tnmomofive

    Answer by tnmomofive at 8:49 AM on Dec. 28, 2009

  • tnmomofive

    Answer by tnmomofive at 8:50 AM on Dec. 28, 2009

  • that's another chunk of change promised.
    thehairnazi

    Answer by thehairnazi at 8:52 AM on Dec. 28, 2009

  • Hospira is a pharmaceutical company in NC. It used to called Abbot Labs. They are looking into moving lot, stock and barrel off shore. The rumors started with the first vote in the House. This is one huge cluster f**k!.

    jesse123456

    Answer by jesse123456 at 8:54 AM on Dec. 28, 2009

  • Honestly, those that voted for these dipshits in DC REFUSE to admit they were lead to the south end of a donkey...Those that did not vote for this "change" will suffer from their desire for "change"

    ***grabs puke bucket***
    ronjwake

    Answer by ronjwake at 8:57 AM on Dec. 28, 2009

  • Not suprised at all. There will be more cuts coming along with the promised rationing.
    Carpy

    Answer by Carpy at 8:58 AM on Dec. 28, 2009

  • As harsh as this sounds, I am glad my grandparents are already gone. Their last few years were with quality, I don't think there will be many that will be able to say this in a few years after all this crap takes effect.
    ronjwake

    Answer by ronjwake at 8:59 AM on Dec. 28, 2009

  • The heavy burden will be on the children of the baby boomers.
    Anonymous

    Answer by Anonymous at 9:40 AM on Dec. 28, 2009

  • The heavy burden will be on all of us. This bill throws millions of more poor into Medicare. Medicare is funded in half by the states. States will have to raise real estate, personal property or income taxes to fund this increase in costs.

    Add that to the Federal taxes imposed on middle class to fund as well as taxes on many medical items, taxes on health insurance companies passed on to consumers.

    This bill will increase your personal costs by thousands.

    Yes, change you can believe in.
    360

    Answer by 360 at 9:46 AM on Dec. 28, 2009

  • I'm sure all the employees will feel joy in one thing: As they stand in the unemployment lines contemplating the loss of their livelihoods, they will know that in 4 or 5 years, they will have health coverage through Medicaid. *sarcasm*
    mancosmomma

    Answer by mancosmomma at 9:55 AM on Dec. 28, 2009

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