Our Political Involvement
Boston Scientific participates in the political process at the state, federal and international levels to help shape public policy, legislation and regulation with a direct impact on our business and the patients we serve. Boston Scientific's political involvement is an important strategy to ensure patient access to medical technology, promote innovation and build our business. The Governance Committee of our Board of Directors annually reviews political contributions made by our company and the Boston Scientific Political Action Committee. We are committed to the transparency of our political involvement.
Below are links to our political action committee contributions, corporate contributions to state officials, and a list of associations that engage in public policy advocacy to which we belong.
To promote the advancement of sound public policy, the Boston Scientific Corporation Political Action Committee (BSC PAC) facilitates voluntary political contributions by eligible employees and our Board of Directors, in accordance with federal law. The BSC PAC is run by a governing board of senior employees representing each of our primary businesses and functions.
Contributions to candidates are bipartisan and based on the following criteria: sits on a Congressional committee with jurisdiction over issues affecting our business; serves in elected leadership within the Congress or in a position to shape public policy; represents a district or state with a BSC facility; voting record is supportive of key issues affecting BSC; and the character and integrity of the candidate, including the candidate’s position on issues that may impair BSC’s corporate reputation or are contrary to BSC’s Values.
This partnership with our company enables us to help elect candidates who understand the medical device industry and support policies that will promote innovation and patient access to technologies.
Trade Association Memberships and 501(c)(4) Contributions
Boston Scientific is a member of U.S. trade associations that engage in public policy advocacy and promote U.S. business interests, the medical technology industry and patient access to health care. Additionally, from time to time, Boston Scientific may choose to contribute to 501(c)(4) organizations for the purpose of policy advocacy.
Below is a link to the listing of the trade associations to which BSC pays dues of $50,000 or more per year and the percentage of our dues attributable to advocacy efforts, as well as the 501(c)(4) organizations to which Boston Scientific makes policy advocacy contributions:
For additional information or if you have questions, please contact Boston Scientific's Government Affairs office at 202-637-8020.
Healthcare Reform Principles
Boston Scientific Principles
Boston Scientific supports reform efforts that would lead to universal coverage for all Americans through a mix of private insurance and public programs that build on the strength of the existing system. We believe the responsibility for financing universal coverage should be shared by employers, the government, and patients.
We support value-based initiatives that incentivize greater efficiencies and improve the quality of healthcare without slowing the pace of innovation or limiting access to technologies and support a greater emphasis being placed on prevention and attaining and preserving wellness. Further, we support transparency of financial relationships between providers and industry.
Boston Scientific believes that these changes must be accompanied by individuals taking a more active and informed role in their healthcare choices, selecting the best therapeutic options at lower costs, whenever possible. We also believe that clinicians must be more informed with respect to the clinical effectiveness of various treatment options. Further, we believe that informed patients and clinicians will lead to a greater understanding on how to improve economic incentives that reduce spending and broaden availability.