FISCAL NOTE
FUND(S):
2541
Sources of Revenue:
Special Fund
Legislation creates:
A New Program
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill shall prohibit the Finance Board pursuant to the West Virginia Public Employees Insurance Act to increase the types and levels of cost to applicable current and retired employees during the 2011 and 2012 plan years.
It is the contention of the Public Employees Insurance Agency (PEIA) that we are in plan year 2011 and that this legislation would only affect plan year 2012
.
The PEIA Finance Board in its most recent annual financial plan for plan year 2012 has included no increase in costs applicable to either current or retired employees.
The PEIA proposed a $4.00 monthly premium increase for retirees. However, the PEIA will offer a $4.00 a month premium discount to members covered by PEIA PPB Plans A, B and C, the Special Medicare Plan or Humana who notify us via an affidavit that they have executed an Advance Directive/Living Will.
An Advance Directive/Living Will is a legal document for making known an individual’s wishes about end-of-life care or what medical treatments they desire. It also can be referred to as a health care directive or physician’s directive.
At the present time the PEIA conforms to this legislation.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2011
Increase/Decrease
(use"-") |
2012
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