FISCAL NOTE

Date Requested: January 16, 2020
Time Requested: 10:06 AM
Agency: Auditor, State of WV
CBD Number: Version: Bill Number: Resolution Number:
1364 Introduced HB4043
CBD Subject: Insurance


FUND(S):

State Funds; Local Government

Sources of Revenue:

Other Fund State Funds - All Types; Local Government Funds

Legislation creates:

Decreases Existing Expenses



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


    The purpose of proposed House Bill 4043 is to prevent State, County or Municipal agencies from covering any portion of PEIA premiums for a spouse.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2020
Increase/Decrease
(use"-")
2021
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 0 0
Personal Services 0 0 0
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 0 0


Explanation of above estimates (including long-range effect):


    The State Auditor’s Office does not maintain or have access to the Enrollment Data of the West Virginia Public Employees Insurance Agency (WVPEIA), including the calculations of Employee Premiums that would be necessary to estimate the financial impact of the proposed legislation. However, we believe enactment of the legislation would decrease total governmental expenditures at the State, County and Municipal levels because in order to maintain spousal coverage, the State employee (Primary Insured) would be required to pay the portion of the premium pertaining to the employee’s spouse.



Memorandum


    The State Auditor’s Office would recommend the submission of a Fiscal Note Request to the West Virginia Public Employees Insurance Agency acting in its capacity as the most likely repository for the information needed to accurately assess the financial impact of this proposed legislation.



    Person submitting Fiscal Note: Michael E. Sizemore, CPA
    Email Address: Mike.Sizemore@wvsao.gov