Federal Register - August 27, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 164 / Friday, August 27, 2021 / Proposed Rules
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the number of FCPs expected to submit a medical certificate application in a given year, incorporating the rate of decline, and assume that each eligible remaining FCP will only submit a medical certificate application at intervals of five years, starting in year 1.
Column e t reflects this periodicity;
FCPs who submit a medical certificate applications in year 1 would not have to submit a new medical certificate application until year 6. FCPs who submit their medical certificate application in year 2 would not have to
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submit their medical certificate application until year 7. After accounting for the yearly attrition projected for this analysis, values for column e t will be equivalent to values of column d t for t = 1,2,6,7, and 0 for any other period. This periodicity holds true for any given 10 year interval into the future.
In contrast, column f t reflects the reduction in medical certificate applications under our proposed rule.
For any given period t, the reduction in medical certificate applications is
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calculated as the difference between FCPs who would otherwise submit a medical certificate application every other year under current regulations, column d t, and the number of FCPs who no longer have to submit a medical certificate application during years 3,4,5,8,9,10. Hence, column f t = 0 for t = 1,2,6,7, and column f t = d t
e t for any other year. Finally, column g t reflects the number of FCPs lost to the industry on a given year due to the projected attrition.
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