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 270 has no significant fiscal impact on the regulatory activities or the operations of the Offices of the Insurance Commissioner.
    
    



Fiscal Note Detail


Effect of Proposal Fiscal Year
2013
Increase/Decrease
(use"-")
2014
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


    Senate Bill 270 authorizes the Offices of the Insurance Commissioner (OIC) to promulgate a legislative rule relating to provider-sponsored networks.
    
    This function would be within the scope of the normal regulatory responsibilities of the OIC and does not create additional costs to the agency. Person submitting Fiscal Note: Melinda Kiss
     Email Address: Melinda.Kiss@wvinsurance.gov