FISCAL NOTE
Date Requested: January 27, 2023
Time Requested: 10:37 AM |
| Agency: |
Insurance Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2893 |
Introduced |
HB3100 |
|
|---|
| CBD Subject: |
|
|---|
|
FUND(S):
7152 Insurance Commission Fund
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
If enacted, House Bill 3100 would mandate that infertility services be covered by certain insurance carriers.
HB3100 would have no fiscal impact on the WV Offices of the Insurance Commissioner.
See memorandum to this fiscal note.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2023
Increase/Decrease
(use"-") |
2024
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
If enacted, House Bill 3100 would mandate that infertility services be covered by certain insurance carriers.
HB3100 would have no fiscal impact on the WV Offices of the Insurance Commissioner's operations, revenues or expenses.
HB3100 will have an impact on insurance premium rates in the private market. While an increase in health insurance premium rates would be expected, the WVOIC does not have the data to calculate the extent of the increase. HB3100 does not appear to include the Public Employees Insurance Agency (PEIA).
It should be noted that HB3100 does not contain language limiting the insurance benefits provided under the proposed bill to the essential health benefits (EHB) specified under section 130(b) of the Patient Protection and Affordable Care Act (PPACA). PPACA 1311 (d)(3)provides that a state must defray the cost by direct payment to enrollees or to the Plan of any state mandated benefit in excess of the EHB.
To the extent that the health insurance benefits required by HB3100 do not fall within the EHB, a potential cost to the State exists.
Person submitting Fiscal Note: Melinda Kiss
Email Address: Melinda.A.Kiss@wv.gov