|Date Requested:March 20, 2013
Time Requested:03:49 PM
| FUND(S) |
Sources of Revenue
|Other Fund N/A|
Legislation creates:Neither Program nor Fund
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.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||0||0|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):