The reinsurance program, risk
corridors program, and risk adjustment program support the
effective functioning of the American Health Benefit Exchanges
("Exchanges"), which will become operational by January 1, 2014.
The program also mitigate the negative impacts of adverse selection
and market uncertainty.
As detailed above, certain
burden estimates for information collection requirements associated
with the reinsurance, risk adjustment, risk corridors, premium tax
credit, cost-sharing reduction, and user fee programs would change
from what was previously estimated in the Premium Stabilization
Rule and 2014 Payment Notice due to the proposed policy changes in
the proposed HHS notice of benefit and payment parameters for 2015.
We have also updated burden to reflect our most current estimates
of program operations, including increasing our estimate of the
number of risk adjustment covered issuers in the individual and
small group insurance market.
No
No
Yes
No
No
Uncollected
Jamaa Hill 301 492-4190
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.
CMS-10401 - 3Rs Supporting_Statement 2015 PN Oct 17.pdf
Confirmation of Interim Reports (153.710)