FISCAL NOTE

Date Requested: January 13, 2023
Time Requested: 01:14 PM
Agency: Bureau for Medical Services
CBD Number: Version: Bill Number: Resolution Number:
2587 Introduced HB2517
CBD Subject: Insurance


FUND(S):

0403 - Div of Human Services General Administration Fund, 8722 - Cons Federal Funds Div Human Services Gen Admn Fd

Sources of Revenue:

Other Fund General and Federal

Legislation creates:





Fiscal Note Summary


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


The purpose of this bill is to create the Medical Insurance Policy Owner's Notification Act. The Department anticipates no fiscal impact from this legislation, as this is currently provided through the Bureau for Medical Services (Medicaid and WVCHIP) programs.



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


Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.



    Person submitting Fiscal Note: Jeffrey H. Coben
    Email Address: dhhrsecretary@wv.gov