ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 5585, Advanced Research Projects Agency-Health (ARPA-H) Act   [open pdf - 165KB]

From the Document: "H.R. 5585 would establish the Advanced Research Projects Agency-Health (ARPA-H) as an independent operating division within the Department of Health and Human Services (HHS) and authorize the appropriation of $500 million annually over the 2023-2027 period for its operations and programs. The bill delineates the goals, leadership, staffing, organizational structure, and activities of ARPA-H, including authorities to make grants and contracts and to coordinate with the Food and Drug Administration and the Centers for Medicare and Medicaid Services on the development and coverage of health innovations. [...] Based on historical spending patterns for similar health research agencies, CBO [Congressional Budget Office] estimates that H.R. 5585 would increase spending by $1.7 billion over the 2022-2027 period, assuming appropriation of the authorized amounts."

Publisher:
Date:
2022-06-16
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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