Date Requested:March 20, 2013
Time Requested:03:49 PM
Agency: Health and Human Resources, Department of
CBD Number: Version: Bill Number: Resolution Number:
2013R2542 Introduced SB443
CBD Subject: VEHICLE INSURANCE INCREASED
FUND(S)
N/A
Sources of Revenue
Other Fund N/A
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 increase the minimum proof of financial responsibility in motor vehicle insurance coverage.
    As written, the Department of Health and Human Resources does not estimate any fiscal impact from the proposed legislation.
    The Department's Bureau for Medical Services uses subrogation, however, it is limited to medical claim expenses and are further negotiated. The Department cannot determine with certainty whether expanding the policy limits would increase subrogation collections.
    

Fiscal Note Detail
Over-all effect
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
3. Explanation of above estimates (including long-range effect):
    


Memorandum
Person submitting Fiscal Note:
Rocco S. Fucillo
Email Address:
dhhrbudgetoffice@wv.gov