LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 8, 2013 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3270 by Smithee (Relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties. The bill would apply to an insurance policy that is delivered, issued for delivery, or renewed on or after January 1, 2014, and take effect September 1, 2013. Based on information provided by the Texas Department of Insurance, Teacher Retirement System, University of Texas System and Texas A&M University System, it is assumed that any costs associated with the implementation of this bill would be absorbed within existing staff and resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:323 Teacher Retirement System, 454 Department of Insurance, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration LBB Staff: UP, AG, ER, LXH, JW
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 8, 2013
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3270 by Smithee (Relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties.), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3270 by Smithee (Relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties.), As Introduced
Honorable John T. Smithee, Chair, House Committee on Insurance
Honorable John T. Smithee, Chair, House Committee on Insurance
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3270 by Smithee (Relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties.), As Introduced
HB3270 by Smithee (Relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties.), 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 relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties. The bill would apply to an insurance policy that is delivered, issued for delivery, or renewed on or after January 1, 2014, and take effect September 1, 2013. Based on information provided by the Texas Department of Insurance, Teacher Retirement System, University of Texas System and Texas A&M University System, it is assumed that any costs associated with the implementation of this bill would be absorbed within existing staff and resources.
The bill would amend the Insurance Code relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties. The bill would apply to an insurance policy that is delivered, issued for delivery, or renewed on or after January 1, 2014, and take effect September 1, 2013.
Based on information provided by the Texas Department of Insurance, Teacher Retirement System, University of Texas System and Texas A&M University System, it is assumed that any costs associated with the implementation of this bill would be absorbed within existing staff and resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 323 Teacher Retirement System, 454 Department of Insurance, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration
323 Teacher Retirement System, 454 Department of Insurance, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration
LBB Staff: UP, AG, ER, LXH, JW
UP, AG, ER, LXH, JW