LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 18, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB207 by Shapleigh (Relating to prohibition of certain business practices related to rescission of coverage under health benefit plans.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code to prohibit certain compensation based on rescinding, canceling, or limiting coverage under health benefit plans. Any costs incurred by the Texas Department of Insurance due to the implementation of this bill are anticipated to be absorbed within existing agency resources. Based on analysis by the University of Texas System Administration and the State Office of Risk Management, this bill will have no fiscal impact on either agency. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance, 479 State Office of Risk Management, 720 The University of Texas System Administration LBB Staff: JOB, KJG, MW, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 18, 2009
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB207 by Shapleigh (Relating to prohibition of certain business practices related to rescission of coverage under health benefit plans.), As Engrossed
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB207 by Shapleigh (Relating to prohibition of certain business practices related to rescission of coverage under health benefit plans.), As Engrossed
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
SB207 by Shapleigh (Relating to prohibition of certain business practices related to rescission of coverage under health benefit plans.), As Engrossed
SB207 by Shapleigh (Relating to prohibition of certain business practices related to rescission of coverage under health benefit plans.), As Engrossed
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 prohibit certain compensation based on rescinding, canceling, or limiting coverage under health benefit plans. Any costs incurred by the Texas Department of Insurance due to the implementation of this bill are anticipated to be absorbed within existing agency resources. Based on analysis by the University of Texas System Administration and the State Office of Risk Management, this bill will have no fiscal impact on either agency.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 454 Department of Insurance, 479 State Office of Risk Management, 720 The University of Texas System Administration
454 Department of Insurance, 479 State Office of Risk Management, 720 The University of Texas System Administration
LBB Staff: JOB, KJG, MW, CH
JOB, KJG, MW, CH