New regs for Tuesday: Regulators detail rulemaking agendas

Tuesday’s edition of the Federal Register will contain more than 120 agency submissions, including regulatory action on ObamaCare, a worker safety rule and a pair of Endangered Species Act designations.

Here’s a look:

Two-dozen agencies are publishing their semiannual regulatory agendas — snapshots of their present and future rulemaking workload.

For instance, the Federal Deposit Insurance Corporation is outlining several efforts, including a slate of new capital requirements drafted in accordance with the Dodd-Frank Wall Street reform law.

“The agenda contains information about FDIC's current and projected rulemakings, existing regulations under review, and completed rulemakings,” the agency says in a 21-page notice to appear in the Register.

Agencies publishing their regulatory roadmaps include the departments of Agriculture, Commerce, Defense, Education, Energy Interior Labor and Treasury, among a host of others.

Worker safety: The Occupational Safety and Health Administration (OSHA) is extending the comment period for draft regulations meant to help the agency better track on-the-job injuries and illnesses.

Companies must already track the injuries and illnesses their employees suffer on the job. But under the new rules, firm-specific reports, submitted electronically, will be available to the public.

The Bureau of Labor Statistics (BLS) estimates that 3 million workers were injured on the job last year.

Endangered species: The Fish and Wildlife Service (FWS) is reopening the comment period for its proposal to designate critical habitat for Leavenworthia exigua var. laciniata (otherwise known as Kentucky glade cress) under the Endangered Species Act.

The FWS is also proposing endangered status for the Georgetown Salamander and Salado Salamander.

ObamaCare: The Internal Revenue Service (IRS) is coming out with regulations clarifying how insurers calculate “medical loss ratios” under the Affordable Care Act.

The regulations impose 15-percent caps on the profit margins insurers can receive through the administration of Medicare Advantage plans and the Medicare Prescription Drug Benefit Program. In other words, plans that deliver services under those plans must spend at least 85 percent of their premiums on “clinical services, prescription drugs, quality improving activities, and direct benefits to beneficiaries,” according to the proposal. 

Overhead expenses and profits would be capped at 15 percent.