Section 156.220 of Title 45 of the Code of Federal Regulations establishes new standards for qualified health plan (QHP) issuers to submit specific information related to transparency in coverage. QHPs are required to post and make are established for the submission of specific information data related to transparency in coverage available to the public in plain language and submit this data to the Department of Health and Human Services (HHS), the Exchange, and the State insurance commissioner and for posting this information to make it available to the public in plain language. Section 2715A of the Public Health Service Act as added by the ACA largely extends the transparency provisions set forth in section 1311(e)(3) to non-grandfathered group health plans and health insurance issuers offering group and individual health insurance coverage.
PL:
Pub.L. 111 - 148 1311
Name of Law: Patient Protection and Affordable Care Act (Affordable Care Act)
There is an overall increase in the financial burden from the 2022 PRA package. The number of QHP issuers increased from 360 issuers to 400 issuers, an increase of 40 issuers. The total burden hours increased from 51,480 hours to 57,200 hours, an increase of 5,720 hours. The estimated cost increased from $3,404,476.80 to $3,949,648, an increase of $545,171.20. All prior iterations of wage data was based on mean values and the current iteration is based on median values.
$268,952
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.
Form CMS-10572 Data Template - Appendix D
CMS-10572 - Appendix F - 60-Day Public Comments.docx
Annual Submission of Transparency in Coverage Data