LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 11, 2013 TO: Honorable John T. Smithee, Chair, House Committee On Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB997 by Smithee (Relating to health plan and health benefit plan coverage for abortions.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend various statutory provisions relating to health plan and health benefit plan coverage for abortions, including qualified health plans offered through a health benefit exchange. The bill would take effect on September 1, 2013 and apply to health insurance plans issued on or after January 1, 2014. Based on information provided by the Texas Department of Insurance (TDI), Texas A&M University System Administrative and General Offices, The University of Texas System Administration, Employees Retirement System, and Teacher Retirement System it is assumed that any costs associated with the implementation of this bill would be absorbed within existing agency resources. Based on information provided by TDI, this analysis assumes that implementation of the bill would result in a small one-time revenue gain ($28,200 in fiscal year 2014) in General Revenue-Dedicated Texas Department of Insurance Fund 36 from filing fees. Since General Revenue-Dedicated Texas Department of Insurance Fund 36 is a self-leveling account, this analysis also assumes that any additional revenue resulting from the implementation of the bill would accumulate in account fund balances and that the department would adjust the assessment of the maintenance tax or other fees accordingly in the following year. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:323 Teacher Retirement System, 327 Employees 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, MH, LI, ER
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
March 11, 2013
TO: Honorable John T. Smithee, Chair, House Committee On Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB997 by Smithee (Relating to health plan and health benefit plan coverage for abortions.), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee On Insurance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB997 by Smithee (Relating to health plan and health benefit plan coverage for abortions.), 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
HB997 by Smithee (Relating to health plan and health benefit plan coverage for abortions.), As Introduced
HB997 by Smithee (Relating to health plan and health benefit plan coverage for abortions.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend various statutory provisions relating to health plan and health benefit plan coverage for abortions, including qualified health plans offered through a health benefit exchange. The bill would take effect on September 1, 2013 and apply to health insurance plans issued on or after January 1, 2014. Based on information provided by the Texas Department of Insurance (TDI), Texas A&M University System Administrative and General Offices, The University of Texas System Administration, Employees Retirement System, and Teacher Retirement System it is assumed that any costs associated with the implementation of this bill would be absorbed within existing agency resources. Based on information provided by TDI, this analysis assumes that implementation of the bill would result in a small one-time revenue gain ($28,200 in fiscal year 2014) in General Revenue-Dedicated Texas Department of Insurance Fund 36 from filing fees. Since General Revenue-Dedicated Texas Department of Insurance Fund 36 is a self-leveling account, this analysis also assumes that any additional revenue resulting from the implementation of the bill would accumulate in account fund balances and that the department would adjust the assessment of the maintenance tax or other fees accordingly in the following year.
The bill would amend various statutory provisions relating to health plan and health benefit plan coverage for abortions, including qualified health plans offered through a health benefit exchange. The bill would take effect on September 1, 2013 and apply to health insurance plans issued on or after January 1, 2014.
Based on information provided by the Texas Department of Insurance (TDI), Texas A&M University System Administrative and General Offices, The University of Texas System Administration, Employees Retirement System, and Teacher Retirement System it is assumed that any costs associated with the implementation of this bill would be absorbed within existing agency resources. Based on information provided by TDI, this analysis assumes that implementation of the bill would result in a small one-time revenue gain ($28,200 in fiscal year 2014) in General Revenue-Dedicated Texas Department of Insurance Fund 36 from filing fees. Since General Revenue-Dedicated Texas Department of Insurance Fund 36 is a self-leveling account, this analysis also assumes that any additional revenue resulting from the implementation of the bill would accumulate in account fund balances and that the department would adjust the assessment of the maintenance tax or other fees accordingly in the following year.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 323 Teacher Retirement System, 327 Employees 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, 327 Employees 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, MH, LI, ER
UP, AG, MH, LI, ER