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CBO scores contact lens proposal

This article was originally published in The Gray Sheet

Executive Summary

Despite the imposition of more stringent federal requirements, neither sellers, prescribers nor manufacturers of decorative, non-corrective lenses would be saddled with "significant" additional expenses following implementation of legislation (S 172) to regulate all contact lenses as devices, according to a Congressional Budget Office cost estimate released April 15. CBO estimates that the direct costs of the mandates in the bill would not exceed $123 mil. in 2005, with FDA incurring additional expenses of less than $500,000 annually. Sponsored by Sens. Mike DeWine (R-Ohio) and Edward Kennedy (D-Mass.) and marked up unanimously March 9 by the Senate Health Committee, S 172 emerged following reports of teenagers who developed serious eye problems after using nonprescription cosmetic lenses purchased from unauthorized vendors (1"The Gray Sheet" March 14, 2005, p. 16)...

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