SB 440 - HB 927 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 23, 2025 Fiscal Analyst: Chris Higgins | Email: chris.higgins@capitol.tn.gov | Phone: 615-741-2564 SB 440 - HB 927 SUMMARY OF BILL: Establishes that, for the purpose of mandated offerings of insurance coverage, excepted benefits are exempt from a requirement to provide coverage for a specific person, provider, treatment, service, condition, or disease unless coverage is expressly required by law. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Tennessee Code Annotated § 56-7-2802(10) defines “excepted benefits” as a series of benefits not subject to requirements of the Health Insurance Portability, Availability and Renewability Act. • The proposed legislation will not impact the coverage provided under the Division of Benefits Administration or the Division of TennCare. • Any impact to the operations of the Department of Commerce and Insurance is estimated to be not significant. IMPACT TO COMMERCE: NOT SIGNIFICANT Assumption: • Any impact to commerce or jobs in Tennessee is estimated to be not significant. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director