FISCAL NOTE
Date Requested: February 11, 2021
Time Requested: 09:38 AM |
| Agency: |
Health and Human Resources, WV Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1682 |
Introduced |
HB2005 |
|
|---|
| CBD Subject: |
Health |
|---|
|
FUND(S):
5375 - HEALTH CARE COST REVIEW AUTHORITY FUND
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to provide more transparent healthcare costs to West Virginians, and in doing so provide a review process by the Attorney General’s office for nonprofit hospitals, regulate out-of-state healthcare providers and non-network facility based providers, list disclosures of a healthcare facility and publication of a carrier’s network, further define the responsibilities of a carrier inadvertent to out of state network services, provide binding arbitration for payment disputes, healthcare savings cost calculations, violations and legislative rules, provide for price transparency and a publication of prices, and provide the cost of healthcare appointment prices.
This bill requires the department to collect documents submitted by each hospital that summarizes all contracts with third party payors for the payment of patient care services.
There is no fiscal impact on the department as we are already responsible for the collection of financial disclosure documents from hospitals.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2021
Increase/Decrease
(use"-") |
2022
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):
Memorandum
Person submitting Fiscal Note: Bill J. Crouch
Email Address: Bill.J.Crouch@wv.gov