FISCAL NOTE

Date Requested: February 18, 2016
Time Requested: 01:13 PM
Agency: Public Employees Insurance Agency (PEIA)
CBD Number: Version: Bill Number: Resolution Number:
1206 Introduced HB4166
CBD Subject: Health, Insurance


FUND(S):

2180

Sources of Revenue:

Special Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


The purpose of this bill is to require health insurance policies to cover an entire package of otherwise covered medication for an individual with a continuing prescription for such medication, if the manufacturer’s packaging prevents a pharmacy from distributing fewer doses than are contained in a single package without discarding or otherwise compromising a portion of the doses contained in that package and the package contains fewer than sixty days’ worth of doses prescribed to the individual. Upon review of this bill, PEIA is unable to identify the particular medications for which this bill would be applicable. Without further information regarding the medications this bill impacts, PEIA is unable to determine the fiscal impact.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2016
Increase/Decrease
(use"-")
2017
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


PEIA is unable to identify the particular medications for which this bill would be applicable. Without further information regarding the medications this bill impacts, PEIA is unable to determine the fiscal impact.



    Person submitting Fiscal Note: Jason Haught
    Email Address: jason.a.haught@wv.gov