REG-120399-10 - Affordable Care Act Notice of Rescission

ICR 201006-1545-036

OMB: 1545-2180

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
193319
New
ICR Details
1545-2180 201006-1545-036
Historical Inactive
TREAS/IRS
REG-120399-10 - Affordable Care Act Notice of Rescission
New collection (Request for a new OMB Control Number)   No
Emergency 06/18/2010
Preapproved 06/18/2010
Retrieve Notice of Action (NOA) 06/18/2010
  Inventory as of this Action Requested Previously Approved
12/31/2010 6 Months From Approved
800 0 0
25 0 0
0 0 0

This document contains interim final regulations implementing the rules for group health plans and health insurance coverage in the group and individual markets under provisions of the Affordable Care Act regarding preexisting condition exclusions, lifetime and annual dollar limits on benefits, rescissions, prohibition on discrimination in favor of highly compensated individuals, and patient protections.
New statute with imminent applicability. These interim final regulations are effective 60 days from release.

PL: Pub.L. 111 - 148 2712 Name of Law: Affordable Care Act
   PL: Pub.L. 111 - 152 1001 Name of Law: Health Care and Education Reconciliation Act
  
PL: Pub.L. 111 - 148 2712 Name of Law: Affordable Care Act
PL: Pub.L. 111 - 152 1001 Name of Law: Health Care and Education Reconciliation Act

1545-BJ61 Final or interim final rulemaking

No

1
IC Title Form No. Form Name
Affordable Care Act Notice of Rescission

  Total Request 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 800 0 800 0 0 0
Annual Time Burden (Hours) 25 0 25 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The Departments assume that rescissions are rare in the group market and that small group health plans are affected by rescissions. The Departments assume that 100 small group health plan policies are rescinded in a year. The Departments estimate that there is an average of 16 participants in each group policy rescineded . Based on these numbers the Departments estimate that policies for approximately 1,600 individuals are rescinded during a year, which would result in 1,600 notices being sent to affected participants. The Departments estimate that 15 minutes of legal professional time would be required by the insurers of the 100 plans to prepare the notice and one minute per notice of clerical time would be required to distribute the notice. This results in an hour burden of approximately 50 hours (25 to DOL and 25 to IRS).

$400
No
No
Yes
Uncollected
No
Uncollected
Russell Weinheimer 202 622-6080

  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.
06/18/2010


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