LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 6, 2013 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1795 by Watson (Relating to the regulation of navigators for health benefit exchanges.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the regulation of navigators for health benefit exchanges. The bill would require the insurance commission to determine the standards and qualifications for health benefit exchange navigators. The bill would prohibit navigators from using certain advertising methods, from receiving compensation from a health benefit plan issuer, and from providing certain services unless they are a licensed agent. Based on information provided by the Texas Department of Insurance, 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:454 Department of Insurance LBB Staff: UP, AG, ER, LXH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
May 6, 2013
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1795 by Watson (Relating to the regulation of navigators for health benefit exchanges.), As Engrossed
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1795 by Watson (Relating to the regulation of navigators for health benefit exchanges.), As Engrossed
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
SB1795 by Watson (Relating to the regulation of navigators for health benefit exchanges.), As Engrossed
SB1795 by Watson (Relating to the regulation of navigators for health benefit exchanges.), 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 relating to the regulation of navigators for health benefit exchanges. The bill would require the insurance commission to determine the standards and qualifications for health benefit exchange navigators. The bill would prohibit navigators from using certain advertising methods, from receiving compensation from a health benefit plan issuer, and from providing certain services unless they are a licensed agent. Based on information provided by the Texas Department of Insurance, 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 the regulation of navigators for health benefit exchanges. The bill would require the insurance commission to determine the standards and qualifications for health benefit exchange navigators. The bill would prohibit navigators from using certain advertising methods, from receiving compensation from a health benefit plan issuer, and from providing certain services unless they are a licensed agent.
Based on information provided by the Texas Department of Insurance, 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: 454 Department of Insurance
454 Department of Insurance
LBB Staff: UP, AG, ER, LXH
UP, AG, ER, LXH