TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB1669 by Rose (Relating to health benefit plan coverage for the diagnosis and treatment of eating disorders.), As Introduced |
The bill would amend the Insurance Code relating to health benefit plan coverage for the diagnosis and treatment of eating disorders. According to the Teacher Retirement System, the bill would have no significant fiscal impact on TRS-Care and no direct fiscal impact on the Teacher Retirement System. However, the cost of claims for TRS-ActiveCare would increase as a result of this bill by $900,000 in fiscal year 2007, with similar increases in future years. Because TRS-ActiveCare is self-funded, this would cause a premium increase of an estimated $5-6 per year per employee. To the extent that the provisions of the bill result in increased claims costs to the Active Care program administered by the Teacher Retirement System, participant premiums could increase to cover that cost increase.
Based on the analysis of the Department of Insurance, the Employees Retirement System and the Teacher Retirement System anticipate any additional work resulting from the passage of the bill could be reasonably absorbed within current resources.
This bill would take effect September 1, 2005.
Source Agencies: | 323 Teacher Retirement System, 327 Employees Retirement System, 454 Department of Insurance
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LBB Staff: | JOB, JRO, NV
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