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Federal forms, ICRs, and supporting documents

Information Collection Request

Bid Pricing Tool (BPT) for Medicare Advantage (MA) Plans and Prescription Drug Plans (PDP)

ICR 201001-0938-003 · OMB 0938-0944 · Historical Active

Forms and Documents
Document
Name
Status
Supplementary Document
2010-03-24
Supplementary Document
2010-03-24
Supplementary Document
2010-01-06
Supporting Statement A
2010-03-24
IC Document Collections
IC ID
Document
Title
Status
37926 Modified
ICR Details
0938-0944 201001-0938-003
Historical Active 200901-0938-006
HHS/CMS
Bid Pricing Tool (BPT) for Medicare Advantage (MA) Plans and Prescription Drug Plans (PDP)
Revision of a currently approved collection   No
Regular
Approved with change 04/02/2010
Retrieve Notice of Action (NOA) 01/12/2010
This ICR is approved consistent with revised supporting statement and burden/cost estimates. As this ICR is associated with the issuance of annual guidance, this ICR is approved for one year. During this time, and in response to public comments that suggest the burden estimates may not be accurate, CMS shall either (1) add a data element/question question to accurately determine burden at the end of the BPT - (e.g., “How long did this reporting process take to complete? Please include all time spent gathering and synthesizing information, attending training sessions, and entering such information into the computer system.”) or (2) ask a purposive sample of 9 plans for an estimate of the total burden associated with this collection, with the plans varying on important dimensions such as a size of plan, scope of plan coverage (e.g. national, regional, local), and type of plan (MA vs PDP). Previous terms of clearance remain in effect.
  Inventory as of this Action Requested Previously Approved
05/31/2011 36 Months From Approved 09/30/2010
6,050 0 6,050
42,350 0 42,350
0 0 0
Under the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA), and implementing regulations at 42 CFR, Medicare Advantage organizations (MAO) and Prescription Drug Plans (PDP) are required to submit an actuarial pricing "bid" for each plan offered to Medicare beneficiaries for approval by the Centers for Medicare & Medicaid Services (CMS). MAOs and PDPs use the Bid Pricing Tool (BPT) software to develop their actuarial pricing bid. The information provided in the BPT is the basis for the plan's enrollee premiums and CMS payments for each contract year.
US Code: 42 USC 1395w-24 Name of Law: SUBMISSION OF PROPOSED PREMIUMS, BID AMOUNTS, AND RELATED INFORMATION
  
None
Not associated with rulemaking
  74 FR 52236 10/09/2009
75 FR 1059 01/08/2010
Yes
  Total Approved 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 6,050 6,050 0 0 0 0
Annual Time Burden (Hours) 42,350 42,350 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$418,474
No
No
Uncollected
Uncollected
No
Uncollected
Bonnie Harkless 4107865666
  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.
01/12/2010