-IR- Database Guide
-IR- Database: Indiana Register

TITLE 405 OFFICE OF THE SECRETARY OF FAMILY AND SOCIAL SERVICES

Economic Impact Statement
LSA Document #21-32


IC 4-22-2.1-5 Statement Concerning Rules Affecting Small Businesses
The Indiana Family and Social Services Administration (FSSA) Office of Medicaid Policy and Planning (OMPP) proposes to:
1. Amend 405 IAC 10 to add a new section detailing the HIP Workforce Bridge Account Participation. The HIP Workforce Bridge Account Participation will provide up to $1,000 to HIP participants who opt to participate after they lose coverage when their income increases over the HIP income limit. The HIP Workforce Bridge Account Participation can be used for health care expenses during a transition to commercial coverage and to cover premiums for commercial insurance.

Impact on Small Business
The following section provides responses to the following questions outlined in IC 4-22-2.1-5:
1. An estimate of the number of small businesses, classified by industry sector that will be subject to the proposed rule.
IC 5-28-2-6 defines a small business as a business entity that satisfies the following requirements:
(1) On at least fifty percent (50%) of the working days of the business entity occurring during the preceding calendar year, the business entity employed not more than one hundred fifty (150) employees.
(2) The majority of the employees of the business entity work in Indiana.
The rule has no additional requirements for small businesses.

2. An estimate of the average annual reporting, record keeping, and other administrative costs that small business will incur to comply with the proposed rule.
The proposed rule will not impose any additional annual reporting, record keeping, or other administrative costs on small businesses in order to comply with the proposed rule.

3. An estimate of the total annual economic impact that compliance will have on small businesses subject to the rule.
The proposed rule amendment will have no economic impact on small businesses from compliance.

4. A statement justifying any requirement or cost that is imposed by the rule and not expressly required by law. The statement must reference any data, studies, or analyses relied upon by the agency in determining imposition of the requirement or cost is necessary.
This rule imposes no requirement or cost on small businesses that is not already required by law.

5. Any regulatory flexibility analysis that considers any less intrusive or less costly alternative methods of achieving the same purpose.
A. Establishment of less stringent compliance or reporting requirements for small businesses.
The rule has no impact on compliance or reporting requirements for small businesses. The agency, by federal and state law, is required to maintain certain record keeping and reporting requirements in order to maintain program integrity for all businesses, large or small.
B. Establishment of less stringent schedules or deadlines for compliance or reporting requirements for small businesses.
The rule has no impact on schedules or deadlines for compliance or reporting requirements for small businesses. The agency, by federal and state law, is required to maintain schedules and deadlines for compliance reporting requirements in order to maintain program integrity for all businesses, large or small.
C. Consolidation or simplification of compliance or reporting requirements for small businesses.
The rule has no impact on compliance or reporting requirements for small businesses. The agency, by federal and state law, is required to maintain schedules and deadlines for compliance reporting requirements in order to maintain program integrity for all businesses, large or small.
D. Establishment of performance standards for small businesses instead of design or operational standards imposed on other regulated entities by the rule.
The rule has no impact on performance or operational standards for small businesses.
E. Exemption of small businesses from part or all of the requirements or costs imposed by the rule.
The rule imposes no additional requirements or cost on small businesses as we cannot treat small or large businesses differently under federal and state regulations.

If there are any programmatic or fiscal questions, please contact BreAnn Teague at BreAnn.Teague@fssa.in.gov. Questions regarding any other aspect of the proposed changes should also be addressed to Madison Hartman at Madison.Hartman@fssa.in.gov.

Posted: 03/24/2021 by Legislative Services Agency

DIN: 20210324-IR-405210032EIA
Composed: Feb 08,2023 5:18:47AM EST
A PDF version of this document.