FISCAL NOTE



FUND(S):

2180

Sources of Revenue:

Special Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


The purpose of this bill is to provide state health care services for all active and inactive duty military personnel. As the scope of the bill is very broad and totally inclusive of veterans and does not directly address if the payment of premiums will be assigned solely to the veteran or to some State agency or organization paying the employer share of the premium and the veteran paying the employee share so we have developed two scenarios. The first scenario will be based upon the assumption that the employer cost of the premiums for the veterans enrolling in PEIA will be paid for by some State government entity, the second scenario will assume the veterans will be responsible for payment of the whole premium. Number of Veterans According to VA Report in 2000: 201,701 Projected to 2009: 210,000 Currently Covered by PEIA: ( 15,000) Potential Number of Coverages 195,000 Scenario 1: State pays Employer Premium, Insured Pays Employee Premium 60% will join PEIA 9% Cost of Care Inflations Percent Singles: 70% $ 345.00 Percent Families: 30% $ 705.00 Single coverages: 81,900 Family coverages: 35,100 Total Number of coverages: 117,000 Fiscal Year Projected Costs to State FY09 $ 53,000,000 FY10 $ 57,800,000 FY11 $ 63,000,000 Total for Three Years $173,800,000 Scenario 2: Expansion is treated as a separate risk pool with new coverages paying the total cost of the claims.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2008
Increase/Decrease
(use"-")
2009
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: Chip Myers
    Email Address: CLIFFORD.M.MYERS@WV.GOV