FISCAL NOTE
Date Requested: February 21, 2025
Time Requested: 01:48 PM |
| Agency: |
Human Services, WV Department of |
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| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1716 |
Introduced |
HB2750 |
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|---|
| CBD Subject: |
|
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FUND(S):
'0484 - Bureau For Medical Services -Policy and Programming; 8722 - Cons Federal Funds Div Human Resources Gen Admin Fd
Sources of Revenue:
Other Fund General and Federal
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to provide easier access to contraceptives and sterilization services.
The Department anticipates there would be a fiscal impact of $281,000, with a state/federal share of 25.875%/74.125% (state = $72,709/federal = $208,291) as a result of this legislation.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2025
Increase/Decrease
(use"-") |
2026
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
281,000 |
281,000 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
281,000 |
281,000 |
| 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):
Projected annual increased cost to BMS is $281,000 (state = $72,709/federal = $208,291).
An increase in oral contraceptives expenditures of 10% (SFY24 oral contraceptives expenditures = $2.8M) is being projected based on experience with medications being lost/stolen and overall changes in therapy. In addition, technology systems updates are projected at $1,000.
Fiscal impact = $2.8M*10% + $1,000 = $281,000.
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
Person submitting Fiscal Note: Alex J. Mayer
Email Address: osafiscalnotes@wv.gov