Exhibit 1 | |||||
BURDEN HOURS FOR APPROVED INSURANCE PROVIDERS TO PROVIDE REQUIRED INFORMATION | |||||
Final 2023 Grid | |||||
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 | 356 | 4,984 | 15 minutes (.25) | 1,246.0 |
Late Payment of Debt Administrator Reinstatement | 14 | 22 | 308 | 120 minutes (2.0) | 616.0 |
Late Payment of Debt AIP Reinstatement | 14 | 74 | 1,036 | 20 minutes (.33) | 345.3 |
Travel time | N/A | N/A | N/A | N/A | 0.0 |
TOTAL | 14 | 452 | 6,328 | 21 minutes | 2,207.3 |
Burden | Letter Types | 2020 | 2021 | 2022 | Average | Avg Hours | # of Hours based on avg hours |
AIP/RMA | Ineligibility Letters/CAT Demand Letters | 6,255 | 4,073 | 4,609 | 4,984 | 0.25 | 1,246 |
RMA | Cross Servicing Letters | 65 | 60 | 33 | 53 | 0.25 | 13 |
RMA | Other Letters(A&L, Refunds, Treasury Disputes, etc.) | 6 | 4 | 45 | 18 | 1.00 | 18 |
Total | 5,055 | 1,278 | |||||
Burden | Other Collection Points | Average | Avg Hours | # of Hours | |||
AIP | Late Payment of Debt AIP Reinstatement | 954 | 948 | 1,200 | 1,036 | 0.33 | 345 |
AIP/RMA | Administrator Reinstatement Requests | 245 | 327 | 353 | 308 | 2.00 | 616 |
Cost to Mail Letters | |||||||
1st Class Postage | 0.55 | 0.58 | 0.60 | 0.58 | |||
Other costs to send letters (paper, etc.) | 0.05 | 0.05 | 0.05 | 0.05 | |||
Total cost to send Letters | 0.60 | 0.63 | 0.65 | 0.63 | |||
Burdens | |||||||
AIP Time Burden | 2,207 | ||||||
AIP Wage Burden | $19.78 | $43,661 | |||||
RMA Time Burden | Annual Salary | 1,894 | |||||
RMA Wage Burden | GS 13 Step 4 | $105,123 | $50.54 | $95,697 | |||
Cost to Mail Letters | $0.63 | $3,168 | |||||
Total RMA Cost Burden | $98,865 | ||||||
File Type | application/vnd.openxmlformats-officedocument.spreadsheetml.sheet |
File Modified | 0000-00-00 |
File Created | 0000-00-00 |