FISCAL NOTE
Date Requested: July 27, 2022
Time Requested: 09:34 AM |
| Agency: |
Public Employees Insurance Agency (PEIA) |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 6004 |
Introduced |
SB3001 |
|
|---|
| CBD Subject: |
|
|---|
|
FUND(S):
PEIA Basic Insurance Fund
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
As it relates to PEIA, SB 3001 introduces new code section, WV Code §5-16-7h, related to requiring insurance coverage for specific sterilization procedures. Pursuant to this section, PEIA will be required to provide coverage, without prior authorization, for the cost of a tubal ligation procedure for female sterilization and vasectomy procedure for male sterilization.
PEIA’s current benefit provides coverage for both male and female sterilization procedures without prior authorization, and there will be no fiscal impact to PEIA if the proposed bill is passed.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2022
Increase/Decrease
(use"-") |
2023
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):
There will be no fiscal impact to PEIA if the proposed bill is passed.
Memorandum
Person submitting Fiscal Note: April A Taylor
Email Address: april.a.taylor@wv.gov