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Date: May 17, 2023To:All Licensed and Certified Emergency and Emergency Transporting Service ProvidersFrom: Renee Toyota, Office Supervisor Office of Emergency Medical Services Re:Shorthorn Rate Application
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A short-form rate application is a simplified process for certain entities to request rate approvals from regulatory agencies without the extensive documentation required in a standard application.
Entities that qualify under specific criteria set by the regulatory body, often smaller service providers or those seeking minor rate changes, are required to file short-form rate applications.
To fill out a short-form rate application, applicants must provide relevant information, complete designated sections of the application form, and submit any required supporting documents as specified by the regulatory agency.
The purpose of a short-form rate application is to streamline the rate approval process for qualifying entities, making it quicker and less burdensome while still ensuring regulatory oversight.
Information that must be reported typically includes the applicant's details, requested rate changes, justification for the changes, and any supporting financial data as required.
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