View RCF - OIRA Conclusion

Title: Prescription Drug and Health Care Spending (CMS-10788)

Type of RCF: RCF New
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/12/2022
	Date Received in OIRA: 03/22/2022
Terms of Clearance:

Description of Agency Usage: The Departments will use the information received from the reporting requirements to help gain a better understanding of prescription drug and health care spending in the United States.

Authorizing Statute(s): PL: Pub.L. 93 - 406 725 Name of Law: ERISA PL: Pub.L. 116 - 260 204 Name of Law: Consolidated Appropriations Act 2021

Annual Cost to Federal Government: $0
Agency Contact: Kevin Knopf 202 317-5500 kevin.knopf@irscounsel.treas.gov

Common Form Information Collections (IC) in this RCF:

IC Title	Responses	Hours	Document Type
Issuers and FEHB Carriers	130	586,470	Instruction
PBMs	17	119,830	Instruction
TPAs	51	231,146	Instruction

RCF Summary of Burden:

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	198	198
Annual Time Burden (Hours)	937,446	937,446
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This is a new collection of information.