FUND(S):

7152

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.


    SB 73 would have a nominal impact on the revenues and expenditures of state government as they directly relate to the regulatory responsibilities of the Offices of the Insurance Commissioner. (no fiscal impact)
    
    The proposal expands the mandated benefit for colorectal cancer examinations which may have a fiscal impact on PEIA, etc. Fiscal note requests have also been made of those other state agencies that may be impacted and should be read in conjunction with this note.
    



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


    Commercial insurers may file rates incorporating the expansion of benefits, but the process for review at the state would remain unchanged. No fiscal impact as is solely relates to the operations of the Offices of the Insurance Commissioner.



    Person submitting Fiscal Note: Michael D Riley
    Email Address: Michael.Riley@wvinsurance.gov