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[Federal Register Volume 78, Number 17 (Friday, January 25, 2013)]
[Notices]
[Page 5457]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-01570]

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DEPARTMENT OF HEALTH AND HUMAN SERVICES

Centers for Medicare & Medicaid Services

[Document Identifier: CMS-10401]

Agency Information Collection Activities: Proposed Collection; 
Comment Request

AGENCY: Centers for Medicare & Medicaid Services, HHS.

    In compliance with the requirement of section 3506(c)(2)(A) of the 
Paperwork Reduction Act of 1995, the Centers for Medicare & Medicaid 
Services (CMS) is publishing the following summary of proposed 
collections for public comment. Interested persons are invited to send 
comments regarding this burden estimate or any other aspect of this 
collection of information, including any of the following subjects: (1) 
The necessity and utility of the proposed information collection for 
the proper performance of the agency's functions; (2) the accuracy of 
the estimated burden; (3) ways to enhance the quality, utility, and 
clarity of the information to be collected; and (4) the use of 
automated collection techniques or other forms of information 
technology to minimize the information collection burden.
    1. Type of Information Collection Request: Revision of a currently 
approved collection. Title of Information Collection: Standards Related 
to Reinsurnace, Risk Corridors and Risk Adjustment; Use: Section 1341 
of the Affordable Care Act provides that each State must establish a 
transitional reinsurance program to help stabilize premiums for 
coverage in the individual market during the first three years of 
Exchange operation. Section 1342 provides for the establishment of a 
temporary risk corridors program that will apply to qualified health 
plans in the individual and small group markets for the first three 
years of Exchange operation. Section 1343 provides for a program of 
risk adjustment for all non-grandfathered plans in the individual and 
small group market both inside and outside of the Exchange. These risk-
spreading programs, which will be implemented by HHS, states, or both 
HHS and states, are designed to mitigate adverse selection and provide 
stability for health insurance issuers in the individual and small 
group markets as market reforms and Exchanges are implemented. Section 
1321(a) also provides broad authority for the Secretary to establish 
standards and regulations to implement the statutory requirements 
related to Exchanges, reinsurance, risk adjustment, and other 
components of title I of the Affordable Care Act. The data collection 
and reporting requirements described in this information collection 
request will enable states, HHS, or both states and HHS to implement 
the aforementioned programs, which will mitigate the impact of adverse 
selection in the individual and small group markets both inside and 
outside the Exchange. Form Number: CMS-10401 (OCN 0938-1155). 
Frequency: Occasionally; Affected Public: Private Sector (business or 
other for-profit and not-for-profit institutions). Number of 
Respondents: 5,071; Total Annual Responses: 9,000,574,542; Total Annual 
Hours: 10,774,789; (For policy questions regarding this collection 
contact Jaya Ghildiyal at 410-786-6573. For all other issues call 410-
786-1326.)
    To obtain copies of the supporting statement and any related forms 
for the proposed paperwork collections referenced above, access CMS' 
Web Site address at http://www.cms.hhs.gov/PaperworkReductionActof1995, 
or email your request, including your address, phone number, OMB 
number, and CMS document identifier, to Paperwork@cms.hhs.gov, or call 
the Reports Clearance Office on 410-786-1326.
    In commenting on the proposed information collections please 
reference the document identifier or OMB control number. To be assured 
consideration, comments and recommendations must be submitted in one of 
the following ways by March 26, 2013.
    1. Electronically. You may submit your comments electronically to 
http://www.regulations.gov. Follow the instructions for ``Comment or 
Submission'' or ``More Search Options'' to find the information 
collection document(s) accepting comments.
    2. By regular mail. You may mail written comments to the following 
address: CMS, Office of Strategic Operations and Regulatory Affairs, 
Division of Regulations Development, Attention: Document Identifier/OMB 
Control Number ------------, Room C4-26-05, 7500 Security Boulevard, 
Baltimore, Maryland 21244-1850.

    Dated: January 22, 2013.
Martique Jones,
Deputy Director, Regulations Development Group, Office of Strategic 
Operations and Regulatory Affairs.
[FR Doc. 2013-01570 Filed 1-24-13; 8:45 am]
BILLING CODE 4120-01-P
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