Solicitation for Applications for Medicare Prescription Drug Plan 2024 Contracts (CMS-10137)
Revision of a currently approved collection
No
Regular
10/13/2022
Requested
Previously Approved
36 Months From Approved
07/31/2024
425
382
1,861
1,716
0
0
The Applications for Part D sponsors to offer qualified prescription drug coverage are completed by entities seeking approval to offer Part D benefits under the Medicare Prescription Drug Benefit program established by section 101 of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA) and is codified in section 1860D of the Social Security Act (the Act).
PL:
Pub.L. 108 - 173 1860D
Name of Law: Medicare Prescription Drug Benefit Program
Statute at Large:
18 Stat. 1860
PL:
Pub.L. 111 - 148 3314
Name of Law: Including cost incurred by AIDS drug assistance programs and Indian Health services
PL:
Pub.L. 111 - 148 3310
Name of Law: Reducing Wasteful dispensing of outpatient drugs in LTC facilities
PL:
Pub.L. 111 - 148 6005
Name of Law: Pharmacy benefit managers transparency requirements
The overall estimated burden has increased for PDP, MA-PD, Cost Plan, EGWP Plan, PACE, and SAE applicants increased because of the increase in the estimated number of applicants and the addition of one attestation for applicants. The hourly burden per applicant has increased by .02 hours for applicants. Overall, the estimated time for completing the prescription drug applications is 1,860.78 hours. This is a 144.79 hour increase from the estimate of 1,715.99 hours for the 2023 prescription drug application.
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.