Exhibit 1 | |||||
BURDEN HOURS FOR APPROVED INSURANCE PROVIDERS TO PROVIDE REQUIRED INFORMATION | |||||
June 30, 2020 | |||||
1. Task | 2. Estimated Number of Respondents | 3. Estimated Number of Responses per Respondent | 4. Estimated Total Annual Responses (2 x 3) | 5. Estimated Average Time to Respond | 6. Estimated Total Burden Hours (4 x 5) |
Reporting Information | 14 | 439 | 6,146 | 15 minutes (.2500) | 1,536.5 |
Late Payment of Debt Administrator Reinstatement | 14 | 15 | 210 | 120 minutes (2.0) | 420.0 |
Late Payment of Debt AIP Reinstatement | 14 | 148 | 2,072 | 20 minutes (.3333) | 690.7 |
Travel time | N/A | N/A | N/A | N/A | 0.0 |
TOTAL | 14 | 602 | 8,428 | 19 minutes | 2,647.2 |
Burden | Letter Types | 2017 | 2018 | 2019 | Average | Avg Hours | # of Hours based on 15 min avg time | |||
AIP/RMA | Ineligiblity Letters/CAT Demand Letters | 6,915 | 5,602 | 5,907 | 6,146 | 0.25 | 1,537 | |||
RMA | Cross Servicing Letters | 111 | 160 | 82 | 118 | 0.25 | 29 | |||
RMA | Other Letters(A&L, Refunds, Treasury Disputes, etc) | 72 | 43 | 55 | 57 | 1.00 | 57 | |||
Total | 6,320 | 1,623 | ||||||||
Burden | Other Collection Points | Average | Avg Hours | # of Hours | ||||||
AIP | Late Payment of Debt AIP Reinstatement | 1,515 | 2,066 | 2,648 | 2,072 | 0.33 | 691 | |||
AIP/RMA | Administrator Reinstatement Requests | 106 | 180 | 322 | 210 | 2.00 | 420 | 105 | ||
Cost to Mail Letters | ||||||||||
1st Class Postage | 0.49 | 0.50 | 0.55 | 0.51 | ||||||
Other costs to send letters (paper, etc) | 0.05 | 0.05 | 0.05 | 0.05 | ||||||
Total cost to send Letters | 0.54 | 0.55 | 0.60 | 0.56 | ||||||
Burdens | ||||||||||
AIP Time Burden | 2,647 | 1836 | 811 | |||||||
AIP Wage Burden | $15.85 | $41,958 | ||||||||
RMA Time Burden | Annual Salary | 2,043 | ||||||||
RMA Wage Burden | GS 13 Step 4 | $98,358 | $47.29 | $96,589 | ||||||
Cost to Mail Letters | $0.56 | $3,560 | ||||||||
Total RMA Cost Burden | $100,149 |
File Type | application/vnd.openxmlformats-officedocument.spreadsheetml.sheet |
File Modified | 0000-00-00 |
File Created | 0000-00-00 |