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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 22, 2021
TO:
Honorable Tom Oliverson, Chair, House Committee on Insurance
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB1919 by Harris (Relating to prohibited practices for certain health benefit plan issuers and pharmacy benefit managers.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to prohibited practices for certain health benefit plan issuers and pharmacy benefit managers. Based on information provided by the Texas Department of Insurance, this analysis assumes that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Texas A&M University System Administration has indicated costs related to limitations on retail pharmacy network operations and elimination of no-cost and mail-order discount programs, though this analysis assumes those costs could be absorbed by the institution.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
327 Employees Retirement System, 454 Department of Insurance, 529 Hlth & Human Svcs Comm, 710 Texas A&M Univ System Admin, 720 UT Sys Admin