FISCAL NOTE

Date Requested: January 20, 2020
Time Requested: 10:53 AM
Agency: Health and Human Resources, WV Department of
CBD Number: Version: Bill Number: Resolution Number:
1039 Introduced SB215
CBD Subject: Insurance


FUND(S):

N/A

Sources of Revenue:

Other Fund N/A

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 Health Care Choice Act authorizing insurers from other states to engage in the business of health insurance in West Virginia with the written approval of the Insurance Commissioner and subject to qualifications and other requirements determined by the Insurance Commissioner. The Department estimates no fiscal impact relating to this bill.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2020
Increase/Decrease
(use"-")
2021
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: dhhrbudgetoffice@wv.gov