Bid Pricing Tool (BPT) for Medicare Advantage (MA) Plans and Prescription Drug Plans (PDP)

ICR 200801-0938-002

OMB: 0938-0944

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2008-01-03
Supplementary Document
2008-01-03
Supplementary Document
2008-01-03
Supplementary Document
2008-01-03
Supporting Statement A
2008-01-10
ICR Details
0938-0944 200801-0938-002
Historical Active 200708-0938-009
HHS/CMS
Bid Pricing Tool (BPT) for Medicare Advantage (MA) Plans and Prescription Drug Plans (PDP)
Revision of a currently approved collection   No
Regular
Approved without change 03/25/2008
Retrieve Notice of Action (NOA) 01/11/2008
Terms of Clearance: This collection is approved under the following terms of clearance: Upon publishing a new 60-day and 30-day Federal Register Notice, CMS will provide the public and OMB with a supplemental document that crosswalks all changes (technical and substantive) made to the revised ICR. The document should include an explanation of each change from the previous approval, the reason why the change is necessary and the citation or reference to the statute, regulation or guidance document that support the need for the change. The crosswalk should also address an increase or decrease in burden for each change.
  Inventory as of this Action Requested Previously Approved
03/31/2011 36 Months From Approved 12/31/2010
6,050 0 6,050
42,350 0 42,350
0 0 0

Under the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA), and implementing regulations at 42 CFR, Medicare Advantage organizations (MAO) and Prescription Drug Plans (PDP) are required to submit an actuarial pricing "bid" for each plan offered to Medicare beneficiaries for approval by the Centers for Medicare & Medicaid Services (CMS). MAOs and PDPs use the Bid Pricing Tool (BPT) software to develop their actuarial pricing bid. The information provided in the BPT is the basis for the plan's enrollee premiums and CMS payments for each contract year.

US Code: 42 USC 1395w-24 Name of Law: SUBMISSION OF PROPOSED PREMIUMS, BID AMOUNTS, AND RELATED INFORMATION
  
None

0938-AN08 Final or interim final rulemaking 70 FR 4193 01/28/2005

  72 FR 60852 10/26/2007
73 FR 2044 01/11/2008
Yes

1
IC Title Form No. Form Name
2009 Bid Pricing Tool (BPT) for Medicare Advantage (MA) Plans and Prescription Drug Plans (PDP)-CMS-10142

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 6,050 6,050 0 0 0 0
Annual Time Burden (Hours) 42,350 42,350 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$415,392
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Bonnie Harkless 4107865666

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
01/11/2008


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