[Federal Register Volume 78, Number 17 (Friday, January 25, 2013)]
[Notices]
[Page 5457]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-01570]
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DEPARTMENT OF HEALTH AND HUMAN SERVICES
Centers for Medicare & Medicaid Services
[Document Identifier: CMS-10401]
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Centers for Medicare & Medicaid Services, HHS.
In compliance with the requirement of section 3506(c)(2)(A) of the
Paperwork Reduction Act of 1995, the Centers for Medicare & Medicaid
Services (CMS) is publishing the following summary of proposed
collections for public comment. Interested persons are invited to send
comments regarding this burden estimate or any other aspect of this
collection of information, including any of the following subjects: (1)
The necessity and utility of the proposed information collection for
the proper performance of the agency's functions; (2) the accuracy of
the estimated burden; (3) ways to enhance the quality, utility, and
clarity of the information to be collected; and (4) the use of
automated collection techniques or other forms of information
technology to minimize the information collection burden.
1. Type of Information Collection Request: Revision of a currently
approved collection. Title of Information Collection: Standards Related
to Reinsurnace, Risk Corridors and Risk Adjustment; Use: Section 1341
of the Affordable Care Act provides that each State must establish a
transitional reinsurance program to help stabilize premiums for
coverage in the individual market during the first three years of
Exchange operation. Section 1342 provides for the establishment of a
temporary risk corridors program that will apply to qualified health
plans in the individual and small group markets for the first three
years of Exchange operation. Section 1343 provides for a program of
risk adjustment for all non-grandfathered plans in the individual and
small group market both inside and outside of the Exchange. These risk-
spreading programs, which will be implemented by HHS, states, or both
HHS and states, are designed to mitigate adverse selection and provide
stability for health insurance issuers in the individual and small
group markets as market reforms and Exchanges are implemented. Section
1321(a) also provides broad authority for the Secretary to establish
standards and regulations to implement the statutory requirements
related to Exchanges, reinsurance, risk adjustment, and other
components of title I of the Affordable Care Act. The data collection
and reporting requirements described in this information collection
request will enable states, HHS, or both states and HHS to implement
the aforementioned programs, which will mitigate the impact of adverse
selection in the individual and small group markets both inside and
outside the Exchange. Form Number: CMS-10401 (OCN 0938-1155).
Frequency: Occasionally; Affected Public: Private Sector (business or
other for-profit and not-for-profit institutions). Number of
Respondents: 5,071; Total Annual Responses: 9,000,574,542; Total Annual
Hours: 10,774,789; (For policy questions regarding this collection
contact Jaya Ghildiyal at 410-786-6573. For all other issues call 410-
786-1326.)
To obtain copies of the supporting statement and any related forms
for the proposed paperwork collections referenced above, access CMS'
Web Site address at http://www.cms.hhs.gov/PaperworkReductionActof1995,
or email your request, including your address, phone number, OMB
number, and CMS document identifier, to [email protected], or call
the Reports Clearance Office on 410-786-1326.
In commenting on the proposed information collections please
reference the document identifier or OMB control number. To be assured
consideration, comments and recommendations must be submitted in one of
the following ways by March 26, 2013.
1. Electronically. You may submit your comments electronically to
http://www.regulations.gov. Follow the instructions for ``Comment or
Submission'' or ``More Search Options'' to find the information
collection document(s) accepting comments.
2. By regular mail. You may mail written comments to the following
address: CMS, Office of Strategic Operations and Regulatory Affairs,
Division of Regulations Development, Attention: Document Identifier/OMB
Control Number ------------, Room C4-26-05, 7500 Security Boulevard,
Baltimore, Maryland 21244-1850.
Dated: January 22, 2013.
Martique Jones,
Deputy Director, Regulations Development Group, Office of Strategic
Operations and Regulatory Affairs.
[FR Doc. 2013-01570 Filed 1-24-13; 8:45 am]
BILLING CODE 4120-01-P