The Department of Health and Human Services has issued an Interim Final Rule, adjusting for inflation the maximum civil monetary penalty amounts for various civil monetary penalty authorities within HHS. This article elaborates on the increases, as well as what they may mean for the future of compliance.
In November 2015, President Barack Obama signed into law the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (the 2015 Act) as part of the Bipartisan Budget Act of 2015. The 2015 Act amended the Federal Civil Penalties Inflation Adjustment Act of 1990 (the Inflation Adjustment Act) and attempted to improve the effectiveness of civil monetary penalties and to maintain their deterrent effect.
Read Full Article in the October 2016 Issue of Life Science Compliance Update