LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 15, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB680 by Hancock (Relating to step therapy protocols required by a health benefit plan in connection with prescription drug coverage.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. This bill would amend the Insurance Code relating to step therapy protocols required by a health benefit plan in connection with prescription drug coverage. Based on information provided by the Texas Department of Insurance, Employees Retirement System, Texas A&M University System Administration, and The University of Texas System Administration, it is assumed that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:720 The University of Texas System Administration, 327 Employees Retirement System, 454 Department of Insurance, 710 Texas A&M University System Administrative and General Offices LBB Staff: UP, CL, EH, CP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 15, 2017
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB680 by Hancock (Relating to step therapy protocols required by a health benefit plan in connection with prescription drug coverage.), Committee Report 1st House, Substituted
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB680 by Hancock (Relating to step therapy protocols required by a health benefit plan in connection with prescription drug coverage.), Committee Report 1st House, Substituted
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB680 by Hancock (Relating to step therapy protocols required by a health benefit plan in connection with prescription drug coverage.), Committee Report 1st House, Substituted
SB680 by Hancock (Relating to step therapy protocols required by a health benefit plan in connection with prescription drug coverage.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
This bill would amend the Insurance Code relating to step therapy protocols required by a health benefit plan in connection with prescription drug coverage. Based on information provided by the Texas Department of Insurance, Employees Retirement System, Texas A&M University System Administration, and The University of Texas System Administration, it is assumed that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 720 The University of Texas System Administration, 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, 327 Employees Retirement System, 454 Department of Insurance, 710 Texas A&M University System Administrative and General Offices
LBB Staff: UP, CL, EH, CP
UP, CL, EH, CP