FISCAL NOTE
Date Requested: February 10, 2026
Time Requested: 01:33 PM |
| Agency: |
Insurance Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3448 |
Introduced |
HB4869 |
|
|---|
| CBD Subject: |
Human Services |
|---|
|
FUND(S):
7152
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
House Bill 4869, if enacted, would provide clearly bounded guaranteed-issue rights for Medicare Supplement (Medigap) policies, and create access to Medigap regardless of health.
Please see Memorandum Summary for additional information.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026
Increase/Decrease
(use"-") |
2027
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):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
Memorandum
House Bill 4869, if enacted, would provide clearly bounded guaranteed-issue rights for Medicare Supplement (Medigap) policies, and create access to Medigap regardless of health.
HB4869 could have some impact on insurance premium rates in the private market. The WV Offices of the Insurance Commissioner does not have the data to calculate the extent of the increase.
There would be minimal fiscal impact on the WV Offices of the Insurance Commissioner (OIC).
Person submitting Fiscal Note: Rhonda C Hartwell
Email Address: rhonda.c.hartwell@wv.gov