TITLE 405 OFFICE OF THE SECRETARY OF FAMILY AND SOCIAL SERVICES
Economic Impact Statement
LSA Document #09-202
IC 4-22-2.1-5 Statement Concerning Rules Affecting Small Businesses
LSA Document #09-202 adds
405 IAC 1-10.5-5 to set forth Medicaid reimbursement policy associated with specified hospital acquired conditions.
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 4-22-2.1-4 defines a small business as any person, firm, corporation, limited liability company, partnership, or association that:
(1) is actively engaged in business in Indiana and maintains its principal place of business in Indiana;
(2) is independently owned and operated;
(3) employs one hundred (100) or fewer full-time employees; and
(4) has gross annual receipts of five million dollars ($5,000,000) or less.
The OMPP estimates that no Indiana inpatient hospitals affected by this proposed rule meet the criteria of
IC 4-22-2.1-4 as a small business.
(2) An estimate of the average annual reporting, record keeping, and other administrative costs that small businesses will incur to comply with the proposed rule.
The OMPP estimates that small businesses will incur no additional costs to comply with this proposed rule.
(3) An estimate of the total annual economic impact that compliance will have on small businesses subject to the rule.
Since no small business will incur any additional cost to comply with this rule, there is no annual economic impact on small businesses.
(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.
The rule imposes no additional cost or requirements on small businesses.
(5) Any regulatory flexibility analysis that considers any less intrusive or less costly alternative methods of achieving the same purpose.
Since no small businesses are impacted by this rule, completing a regulatory flexibility analysis is not necessary.
Posted: 06/03/2009 by Legislative Services Agency
DIN: 20090603-IR-405090202EIA
Composed: May 06,2024 12:39:23AM EDT
A
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