FISCAL NOTE
Date Requested: February 12, 2025
Time Requested: 08:35 PM |
| Agency: |
Bureau for Medical Services |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1856 |
Introduced |
HB2176 |
|
|---|
| CBD Subject: |
Health |
|---|
|
FUND(S):
'0483 - Bureau For Medical Services -Medical Services Administration; 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 require the Bureau of Medical Services to conduct a biennial capitation rate review.
Based on an estimate from the current MCO Actuarial/Oversight vendor, we project a total increase in expense of $205,000 (50% state = $102,500/50% federal = $102,500).
This bill would reduce the frequency with which the Bureau of Medical Services must complete the capitation rate review. However, previously, this mandate has not been funded. The calculations reflected in the Fiscal Note would properly fund this mandate.
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 |
0 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
205,000 |
205,000 |
| 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):
Based on an estimate from the current MCO Actuarial/Oversight vendor, we project a total increase in expense of $205,000 (50% state = $102,500/50% federal = $102,500).
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