While health care sales jobs grew this summer, the total growth rate remains under 1 percent, and this slow rate is attributed to the uncertainty of health care reform's future, according to a report by MedReps.com.
The report maintains hiring should increase once the uncertainty is removed despite the outcome of election.
"There's no doubt the election will impact our industry," says Karyn Mullins, executive vice president and general manager of Healthcare Staffing Technologies, which owns and operates MedReps.com. "But regardless of who wins in November, we fully expect our job count to go up in January. Historically, it's the biggest month of the year, and we don't expect 2013 to be any different."
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Among the medical device sector, if Mitt Romney is elected, the 2.3 percent medical device excise tax included in the Patient Protection and Affordable Care Act would be avoided. According to industry representatives, the medical device excise tax would stall innovation and the creation of new jobs. The report finds that medtech companies could be waiting to learn the future of that tax before implementing large-scale hiring.
Although medical device sales jobs have slowed, they remain more prevalent than pharmaceutical sales jobs or biotech sales jobs. The report reveals that pharmaceutical jobs are falling because of expiring patents and pricing pressures while biotech jobs are more volatile; thus, it is challenging to determine a pattern.
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