HOUSE COMMITTEE ON APPROPRIATIONS
FISCAL NOTE
HOUSE BILL NO. 404 PRINTER’ S NO. 376 PRIME SPONSOR: Pashinski
COST I (SAVINGS)
FUND FY 2024/25 FY 2025/26
Insurance Regulation and Oversight Fund $0 $0
SUMMARY:
This legislation provides for health insurance coverage of dependent children up to age twenty- six by a
parent’s health insurance policy.
ANALYSIS:
House Bill 404, Printer’s Number 376 amends Act 284 of 1921, known as The Insurance Company Law
of 1921, to provide health insurance coverage for children up to age twenty-six through a parent’s health
insurance policy. Covered dependent children include unmarried children incapable of self-sustaining
employment due to an intellectual or physical disability.
This legislation requires the Insurance Commissioner to transmit notice to the Legislative Reference
Bureau for publication in the next available issue of the Pennsylvania Bulletin if federal regulations that
currently provide for this coverage of children on a parent’s health insurance policy are repealed,
abrogated, vacated, or invalidated, or if the executive branch of the United States refuses to enforce or
repeals these federal regulations.
The requirement for the Insurance Commissioner to transmit this notice takes effect immediately upon the
enactment of this legislation. The remainder of the legislation takes effect upon publication of the notice.
FISCAL IMPACT:
The Department of Insurance oversees the health insurance companies’ compliance with requirements
included in this legislation. Currently, t he department does not anticipate any increase in administrative
costs which are funded through the Insurance Regulation and Oversight Fund. Therefore, there is no
adverse fiscal impact to the commonwealth from the enactment of this legislation.
PREPARED BY: Mara Perez, Senior Budget Analyst
House Appropriations Committee (D)
DATE: March 25, 2025
Estimates are calculated using the best information available. Actual costs and revenue impact incurred
may vary from estimates.