LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 23, 2013 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB365 by Carona (Relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan.), Committee Report 2nd House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code by adding a new subchapter relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan. Based on information provided by the Texas Department of Insurance (TDI), it is assumed that any costs associated with the implementation of this bill would be absorbed within existing staff and resources. Also, based on information provided by TDI, this analysis assumes that implementation of the bill would result in a one-time revenue gain ($24,000 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. Based on the analysis provided by the Board of Podiatric Medical Examiners and the Optometry Board, it is assumed that any costs associated with the implementation of this bill would 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, 514 Optometry Board, 512 Board of Podiatric Medical Examiners LBB Staff: UP, AG, ER, LXH, MW
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 23, 2013
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB365 by Carona (Relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan.), Committee Report 2nd House, Substituted
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB365 by Carona (Relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan.), Committee Report 2nd House, Substituted
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
SB365 by Carona (Relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan.), Committee Report 2nd House, Substituted
SB365 by Carona (Relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan.), Committee Report 2nd House, Substituted
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 by adding a new subchapter relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan. Based on information provided by the Texas Department of Insurance (TDI), it is assumed that any costs associated with the implementation of this bill would be absorbed within existing staff and resources. Also, based on information provided by TDI, this analysis assumes that implementation of the bill would result in a one-time revenue gain ($24,000 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. Based on the analysis provided by the Board of Podiatric Medical Examiners and the Optometry Board, it is assumed that any costs associated with the implementation of this bill would be absorbed within existing agency resources.
The bill would amend the Insurance Code by adding a new subchapter relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan.
Based on information provided by the Texas Department of Insurance (TDI), it is assumed that any costs associated with the implementation of this bill would be absorbed within existing staff and resources. Also, based on information provided by TDI, this analysis assumes that implementation of the bill would result in a one-time revenue gain ($24,000 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.
Based on the analysis provided by the Board of Podiatric Medical Examiners and the Optometry Board, it is assumed that any costs associated with the implementation of this bill would 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, 514 Optometry Board, 512 Board of Podiatric Medical Examiners
454 Department of Insurance, 514 Optometry Board, 512 Board of Podiatric Medical Examiners
LBB Staff: UP, AG, ER, LXH, MW
UP, AG, ER, LXH, MW