FISCAL NOTE

Date Requested: January 14, 2023
Time Requested: 02:48 PM
Agency: Insurance Commission
CBD Number: Version: Bill Number: Resolution Number:
2574 Introduced HB2029
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.


House Bill 2029, if enacted would remove the authority of DHHR to establish and maintain an all-payor claims database. HB2029 would have no fiscal impact on the Offices of the Insurance Commissioner.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2023
Increase/Decrease
(use"-")
2024
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 2029, if enacted would remove the authority of DHHR to establish and maintain an all-payor claims database. HB2029 would have no fiscal impact on the Offices of the Insurance Commissioner. The Department of Health and Human Resources should be consulted about the fiscal impact of HB2029 to their agency.



    Person submitting Fiscal Note: Melinda Kiss
    Email Address: Melinda.A.Kiss@wv.gov