As this ICR is
associated with the 45 day advance notice and call letter, which
are both issued annually, this ICR is approved for 18 months. This
ICR is approved on the understanding that, going forward, this ICR
is related to the 45 day advance notice and call letter and that,
as such, CMS agrees to sync up the public comment period for this
ICR with the public comment period for the 45 day advance notice
and the call letter. Even if CMS believes that the policies
contained in the 45 day advance notice and call letter do not
impact burden, the public shall be provided an opportunity to
comment on CMS's burden assessment. To facilitate meaningful public
comment, CMS agrees to reference this ICR by OMB control number in
the 45 day advance notice and call letter, as appropriate. To the
extent that changes in the 45 day advance notice and the call
letter impact burden, the burden estimates in this ICR should be
revised accordingly. Previous terms of clearance remain in
effect.
Inventory as of this Action
Requested
Previously Approved
09/30/2010
36 Months From Approved
03/31/2011
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
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.