LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 15, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2586 by Smithee (Relating to small and large employer health group cooperatives.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code to define eligible single employee business as it relates to small and large employer health group cooperatives and to add regulations to the health group cooperatives' rating practices. The bill requires the Texas Department of Insurance (TDI) to create processes, rules, and regulations for the health group cooperatives' rating practices and to adopt rules governing the eligibility of single employee businesses in participating in these cooperatives. Based on information provided by TDI, any additional costs associated with implementing the provisions of this bill could be absorbed within existing agency resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: JOB, KJG, MW, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 15, 2009
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2586 by Smithee (Relating to small and large employer health group cooperatives.), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2586 by Smithee (Relating to small and large employer health group cooperatives.), As Introduced
Honorable John T. Smithee, Chair, House Committee on Insurance
Honorable John T. Smithee, Chair, House Committee on Insurance
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2586 by Smithee (Relating to small and large employer health group cooperatives.), As Introduced
HB2586 by Smithee (Relating to small and large employer health group cooperatives.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code to define eligible single employee business as it relates to small and large employer health group cooperatives and to add regulations to the health group cooperatives' rating practices. The bill requires the Texas Department of Insurance (TDI) to create processes, rules, and regulations for the health group cooperatives' rating practices and to adopt rules governing the eligibility of single employee businesses in participating in these cooperatives. Based on information provided by TDI, any additional costs associated with implementing the provisions of this bill could be absorbed within existing agency resources.
The bill would amend the Insurance Code to define eligible single employee business as it relates to small and large employer health group cooperatives and to add regulations to the health group cooperatives' rating practices. The bill requires the Texas Department of Insurance (TDI) to create processes, rules, and regulations for the health group cooperatives' rating practices and to adopt rules governing the eligibility of single employee businesses in participating in these cooperatives.
Based on information provided by TDI, any additional costs associated with implementing the provisions of this bill could be absorbed within existing agency resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 454 Department of Insurance
454 Department of Insurance
LBB Staff: JOB, KJG, MW, CH
JOB, KJG, MW, CH