REG-118315-12 (FINAL), Health Insurance Providers Fee and Form 8963, Report of Health Insurance Provider Information

ICR 201705-1545-002

OMB: 1545-2249

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2017-05-31
IC Document Collections
ICR Details
1545-2249 201705-1545-002
Active 201401-1545-021
TREAS/IRS Ready
REG-118315-12 (FINAL), Health Insurance Providers Fee and Form 8963, Report of Health Insurance Provider Information
Extension without change of a currently approved collection   No
Regular
Approved without change 11/25/2017
Retrieve Notice of Action (NOA) 06/30/2017
  Inventory as of this Action Requested Previously Approved
11/30/2020 36 Months From Approved 11/30/2017
3,200 0 3,200
18,208 0 18,208
0 0 0

The Affordable Care Act imposes an annual fee on health insurance providers that provide health insurance for United States health risks (a covered entity). IRS final regulations, which implements the Affordable Care Act, describe how the IRS will administer the health insurance providers fee. This information collection covered under this request are the recordkeeping requirements prescribed in §57.2(e)(2) that each member of a controlled group are to maintain records of consent to the controlled group's selection of the designated entity. Reporting requirements under §57.3 will be reported through Form 8963, "Report of Health Insurance Provider Information". File Form 8963, Report of Health Insurance Provider Information, to report net premiums written for health insurance of United States health risks. The information reported will be used by the IRS to calculate the annual fee on health insurance providers.

US Code: 26 USC 7805 Name of Law: Rules and regulations
   PL: Pub.L. 111 - 148 9010 Name of Law: Patient Protection and Affordable Care Act
   PL: Pub.L. 111 - 152 1406 Name of Law: Health Care and Eduction Reconciliation Act of 2010.
  
PL: Pub.L. 111 - 148 9010 Name of Law: Patient Protection and Affordable Care Act.

Not associated with rulemaking

  82 FR 13203 03/09/2017
82 FR 29999 06/30/2017
No

  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 3,200 3,200 0 0 0 0
Annual Time Burden (Hours) 18,208 18,208 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$300
No
    No
    No
Yes
No
No
Uncollected
Charles Langley 202 622-3130 charles.j.langley@irscounsel.treas.gov

  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.
06/30/2017


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