‘Least Burdensome’ Device Bill Costed at $5 mil. by CBO
A Congressional Budget Office (CBO) cost estimate says that implementation of S. 1622, the FDA Device Accountability Act of 2016, would cost $7 million over the 2017-2021 period, subject to the availability of appropriated funds. The bill would require the agency to train certain employees to determine the least burdensome means for medical device sponsors to demonstrate a device’s effectiveness. It also would require the agency’s ombudsman to audit that training, and would require FDA to revise guidance on addressing approaches clinical laboratories can use to demonstrate a test’s accuracy.
Based on information provided by FDA, CBO estimates that implementing the bill would require roughly five employees each year to update guidance, revise and conduct training, and provide written responses.