FISCAL NOTE
Date Requested: January 14, 2026
Time Requested: 04:56 PM |
| Agency: |
Insurance Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1645 |
Introduced |
HB4061 |
|
|---|
| CBD Subject: |
Insurance |
|---|
|
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.
HB4061, if enacted, would require PEIA and other health insurance providers to provide payment parity for the same services provided between behavioral health, mental health, and medical and surgical health care providers.
See memorandum to this fiscal note for more information.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026
Increase/Decrease
(use"-") |
2027
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
HB4061 provides provider reimbursement parity for behavioral health providers.
HB4061 may have an impact on insurance premium rates in the private market. While an increase in health insurance premiums rates may be expected due to the reimbursement parity, the WVOIC does not have the data to calculate the extent of any possible increase but it is anticipated that any such change would have a minimal effect on the OIC and the private health market.
As this bill amends their respective Code section, it is recommended that PEIA be consulted regarding the fiscal impact on their program.
Person submitting Fiscal Note: Juanita Wimmer
Email Address: Juanita.D.Wimmer@wv.gov