Notice2023-03919
National Vaccine Injury Compensation Program: Revised Amount of the Average Cost of a Health Insurance Policy
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 27, 2023
Issuing agencies
Health and Human Services DepartmentHealth Resources and Services Administration
Abstract
HRSA is publishing an updated monetary amount of the average cost of a health insurance policy as it relates to the National Vaccine Injury Compensation Program (VICP).
Full Text
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<title>Federal Register, Volume 88 Issue 38 (Monday, February 27, 2023)</title>
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[Federal Register Volume 88, Number 38 (Monday, February 27, 2023)]
[Notices]
[Page 12385]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-03919]
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DEPARTMENT OF HEALTH AND HUMAN SERVICES
Health Resources and Services Administration
National Vaccine Injury Compensation Program: Revised Amount of
the Average Cost of a Health Insurance Policy
AGENCY: Health Resources and Services Administration (HRSA), Department
of Health and Human Services.
ACTION: Notice.
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SUMMARY: HRSA is publishing an updated monetary amount of the average
cost of a health insurance policy as it relates to the National Vaccine
Injury Compensation Program (VICP).
FOR FURTHER INFORMATION CONTACT: CDR George Reed Grimes, Director,
Division of Injury Compensation Programs, Health Systems Bureau, HRSA,
by mail at 5600 Fishers Lane, 08N186B, Rockville, Maryland 20857; or
call (301) 443-9350.
SUPPLEMENTARY INFORMATION: Section 100.2 of the VICP's implementing
regulation (42 CFR part 100) states that the revised amount of an
average cost of a health insurance policy, as determined by the
Secretary of Health and Human Services (the Secretary), is effective
upon its delivery by the Secretary to the United States Court of
Federal Claims (the Court) and will be published periodically in a
notice in the Federal Register. The Secretary delegated this
responsibility to the HRSA Administrator. This figure is calculated
using the most recent Medical Expenditure Panel Survey-Insurance
Component data available as the baseline for the average monthly cost
of a health insurance policy. This baseline is adjusted by the annual
percentage increase/decrease obtained from the most recent annual
Kaiser Family Foundation (KFF) Employer Health Benefits Survey.
In 2022, Medical Expenditure Panel Survey-Insurance Component,
available at <a href="http://www.meps.ahrq.gov">www.meps.ahrq.gov</a>, published the annual 2021 average total
single premium per enrolled employee at private-sector establishments
that provide health insurance. The figure published was $7,380. This
figure is divided by 12 to determine the cost per month of $615.00. The
$615.00 figure is increased or decreased by the percentage change
reported by the most recent KFF Employer Health Benefits Survey,
available at <a href="http://www.kff.org">www.kff.org</a>. The increase from 2021 to 2022 was 2.2
percent. By adding this percentage increase, the calculated average
monthly cost of a health insurance policy for a 12-month period is
$628.53.
Therefore, the Secretary announces that the revised average cost of
a health insurance policy under the VICP is $628.53 per month. In
accordance with Sec. 100.2, the revised amount was effective upon its
delivery by the Secretary to the Court. Such notice was delivered to
the Court on February 21, 2023.
Carole Johnson,
Administrator.
[FR Doc. 2023-03919 Filed 2-24-23; 8:45 am]
BILLING CODE 4165-15-P
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</html>Indexed from Federal Register on February 27, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.