Policy Impact Analysis - 117/HR/6513

Bill Overview

Title: Medical Innovation Acceleration Act of 2022

Description: This bill exempts noninvasive diagnostic devices from the regulatory authority of the Food and Drug Administration. The bill defines noninvasive diagnostic device as one that does not penetrate the skin or any other membrane of the body, is not inserted or implanted into the body, causes no more than ephemeral compression or temperature changes to in situ bodily tissues, and does not subject bodily tissues to ionizing radiation.

Sponsors: Rep. Biggs, Andy [R-AZ-5]

Target Audience

Population: Individuals who utilize healthcare services that could involve noninvasive diagnostic devices

Estimated Size: 331000000

Reasoning

Simulated Interviews

Primary Care Physician (New York, NY)

Age: 45 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 13/20

Statement of Opinion:

  • This policy could streamline the process for adopting new diagnostic technologies in our hospital, ultimately benefiting patients with quicker, more efficient diagnostics.
  • However, there are concerns about reduced regulatory oversight; the safety and efficacy of these devices should not be compromised.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Retired (Atlanta, GA)

Age: 67 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 12/20

Statement of Opinion:

  • Faster access to diagnostic results due to these noninvasive devices could make managing my health conditions more convenient.
  • I'm cautiously optimistic but concerned about insufficient oversight if not done right.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 8 6
Year 20 8 6

Software Engineer (San Francisco, CA)

Age: 28 | Gender: female

Wellbeing Before Policy: 9

Duration of Impact: 0.0 years

Commonness: 18/20

Statement of Opinion:

  • This policy doesn't seem particularly relevant to me right now as I don't often require healthcare services.
  • It might matter more if my circumstances change or for people around me who need frequent diagnostics.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Healthcare Administrator (Dallas, TX)

Age: 53 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 14/20

Statement of Opinion:

  • This policy could lead to cost savings and more efficient allocation of diagnostic resources, which are valuable in our operations.
  • Reduced regulatory hurdles can spur quicker adoption but might pose challenges if devices are not thoroughly vetted.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 9 7
Year 20 9 7

Biomedical Engineer (Chicago, IL)

Age: 36 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 20.0 years

Commonness: 10/20

Statement of Opinion:

  • This policy is exciting for us as it means fewer delays in bringing innovative devices to market.
  • I hope this will stimulate more investment in noninvasive diagnostics.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Retired Nurse (Miami, FL)

Age: 70 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 15/20

Statement of Opinion:

  • I'm hopeful that this policy might mean less hassle with follow-up diagnostics post-surgery.
  • However, assurance of device safety and effective outcomes is crucial and should not be compromised.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 7 5
Year 10 7 5
Year 20 7 5

College Student (Boston, MA)

Age: 22 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 5.0 years

Commonness: 17/20

Statement of Opinion:

  • I don't think this policy affects me much right now, but it's interesting to see how diagnostics might change when I enter the professional world.
  • My interest in technology aligns with developments in medical devices.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Public Health Researcher (Seattle, WA)

Age: 39 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 12/20

Statement of Opinion:

  • This policy could be a double-edged sword: potential for innovation versus risk of inadequate safety assessments.
  • Public health must take precedence even while encouraging innovation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Small Business Owner (Phoenix, AZ)

Age: 53 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 16/20

Statement of Opinion:

  • I don't think this policy impacts my day-to-day life at all.
  • It's more relevant to those actively engaging with healthcare services.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Tech Entrepreneur (Portland, OR)

Age: 31 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 20.0 years

Commonness: 10/20

Statement of Opinion:

  • This policy presents new business opportunities by paving the way for innovative health solutions to be more easily developed and deployed.
  • Remaining conscious of privacy and safety standards is crucial.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Cost Estimates

Year 1: $50000000 (Low: $40000000, High: $60000000)

Year 2: $50000000 (Low: $40000000, High: $60000000)

Year 3: $55000000 (Low: $45000000, High: $65000000)

Year 5: $60000000 (Low: $50000000, High: $70000000)

Year 10: $70000000 (Low: $60000000, High: $80000000)

Year 100: $150000000 (Low: $120000000, High: $180000000)

Key Considerations