FISCAL NOTE
Date Requested: February 03, 2026
Time Requested: 04:27 PM |
| Agency: |
Insurance Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3361 |
Introduced |
HB5077 |
|
|---|
| CBD Subject: |
Health |
|---|
|
FUND(S):
7152
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
House Bill 5077, if enacted, would create the Mental Health and Substance Use Disorders Insurance Coverage Protection Act.
HB5077 would have no fiscal impact on the revenues, expenses or operations of the Offices of the Insurance Commissioner.
Please see the memorandum summary for additional 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):
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
House Bill 5077, if enacted, would create the Mental Health and Substance Use Disorders Insurance Coverage Protection Act.
HB5077 would have no fiscal impact on the revenues, expenses, or operations of the Offices of the Insurance Commissioner.
Any increase in mandated health coverage benefits over and above those that currently exist may increase commercial health insurance premiums.
WVOIC does not have the data to calculate the extent of the increase. However, the WVOIC can request data from the private insurance carriers and provide any information received at a later time to a committee.
It should be noted that HB5077 does not contain language limiting the insurance benefits provided under the proposed bill to the essential health benefits (EHB)specified under section 130(b) of the Patient Protection and Affordable Care Act(PPACA). PPACA 1311 (d)(3) provides that a state must defray the cost by direct payment to enrollees or to the Plan of any state mandated benefit in excess of the EHB. To the extent that the health insurance benefits required by HB5077 do not fall within the EHB, a potential cost to the State exists.
As this bill amends its respective code sections, it is recommended that PEIA be consulted regarding the fiscal impact on that program.
Person submitting Fiscal Note: Rhonda C Hartwell
Email Address: rc.hartwell@yahoo.com