State-based Marketplace Annual Reporting Tool (SMART) (CMS-10507)

ICR 202208-0938-002

OMB: 0938-1244

Federal Form Document

Forms and Documents
ICR Details
0938-1244 202208-0938-002
Received in OIRA 201903-0938-012
HHS/CMS CCIIO
State-based Marketplace Annual Reporting Tool (SMART) (CMS-10507)
Reinstatement with change of a previously approved collection   No
Regular 08/02/2022
  Requested Previously Approved
36 Months From Approved
21 0
4,281 0
0 0

The Affordable Care Act (ACA). The ACA creates new competitive private health insurance markets - referred to as State-based Marketplaces (SBMs) - that will give millions of Americans and small businesses access to affordable healthcare coverage. HHS provides oversight and monitoring of SBMs to ensure they maintain adequate operational systems. Effective and efficient oversight of Marketplaces will help ensure that affordable and quality health coverage is available to all Americans through monitoring, reporting, and oversight of financial and other Marketplace activities. The SMAR is the primary vehicle to insure comprehensive compliance with all reporting requirements contained in the ACA and applicable Federal Regulations. It is specifically called for in Section 1313(a)(1) of the Act which requires an SBM to keep an accurate accounting of all activities, receipts, and expenditures, and to submit a report annually to the Secretary concerning such accounting. Instructions governing specific facets of the activities covered by the report are contained both in the Act and in various sections of applicable Federal Regulations. CMS has designed the SMAR to reduce the data collection to the maximum extent possible. While it is intended as a comprehensive compliance review to ensure SBM are fulfilling their statutory requirements, very little additional data gathering is required to complete the form. The respondents can answer most questions by attestations and uploading existing documents. Respondents complete the report entirely online.

None
PL: Pub.L. 111 - 148 1313(a)(1) Name of Law: Affordable Care Act

Not associated with rulemaking

  87 FR 17092 03/25/2022
87 FR 43272 07/20/2022
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 21 0 0 3 1 17
Annual Time Burden (Hours) 4,281 0 0 573 293 3,415
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The overall burden hours for this approval increased because the number of SBEs/SPE-FPs increased from 17 to 21, and an additional hour of burden has been included in the new calculation to account for additional burden based on the new required Redeterminations Plan Template for SBEs. The Office of Management and Budget (OMB) previously approved this information collection in June 2019, with a total of 3,415 burden hours for 17 SBEs/SBE-FPs. CMS estimates the burden for this approval to be 4,281 hours for 21 SBEs/SBE-FPs.

$64,449
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.
08/02/2022


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