|Date Requested:February 14, 2005
Time Requested:11:47 AM
| FUND(S) |
Sources of Revenue
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 require insurers to cover the cost of contraceptives acquired by covered persons, just as it would for nay other medication.
This legislation will not have a direct impact on the Public Employees Insurance Agency. However, it will have an indirect impact due to coverage offered under managed care plans.
The conclusions below assume all dependents will receive the benefit in managed care plans covered by the PEIA. It is assumed that 30% of female dependents aged 15-24 years of age will use the benefit that currently 50% of female members or spouses use. The population exposure for the contraception benefit is approximately 25,700 women between the ages of 18 and 44 years of age. Finally, the costs related to this benefit expansion in FY-2006 and FY-2007 have included a 19% cost increase to conform to the projected drug trend for the plan. Estimated costs for FY-2005 $105,000, FY-2006 $125,000, FY-2007 $149,000 for a total cost of the three fiscal years of $379,000.
|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):