Cost-Sharing Reduction Reconciliation (CMS-10526)

ICR 202012-0938-014

OMB: 0938-1266

Federal Form Document

ICR Details
0938-1266 202012-0938-014
Received in OIRA 201703-0938-006
HHS/CMS CCIIO
Cost-Sharing Reduction Reconciliation (CMS-10526)
Reinstatement without change of a previously approved collection   No
Regular 12/21/2020
  Requested Previously Approved
36 Months From Approved
2,030,100 0
2,363 0
0 0

This collection is necessary for HHS to reconcile advance payments for cost-sharing reductions to health insurance issuers against actual amounts paid by issuers on behalf of enrollees during the benefit year.

PL: Pub.L. 111 - 148 1402 Name of Law: Affordable Care Act
   PL: Pub.L. 111 - 148 1412 Name of Law: Affordable Care Act
  
None

Not associated with rulemaking

  85 FR 21010 04/15/2020
85 FR 80790 12/14/2020
No

  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 2,030,100 0 0 0 -1,970,223 4,000,323
Annual Time Burden (Hours) 2,363 0 0 0 -3,233 5,596
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
We are revising this collection to estimate a reduction in burden. The cessation of CSR payments to issuers coupled with the fact that the CSR reconciliation data submission is now optional for issuers has led to a significant reduction in the number of issuers that submit data reports during the CSR data submission window. Since it is now optional, following 2017, for issuers to generate reports and submit CSR data to CMS, it is reducing the capital requirements associated with operating a CSR plan in the aggregate. Although all issuers must now use the standard methodology and may no longer use either the simplified or simplified AV methodologies, this is still outweighed by the fact that many less issuers are submitting reports. Further, even for those issuers that do submit files, we are no longer requiring issuers to submit plan level data. As a result, this will lead to an overall reduction in burden going forward as compared to prior years.

$16,780
No
    No
    No
Yes
No
No
No
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.
12/21/2020


© 2024 OMB.report | Privacy Policy