TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB2999 by Morrison (Relating to contracts between hospitals and preferred provider benefit plan issuers.), As Introduced |
The bill would amend the Insurance Code relating to contracts between hospitals and preferred provider benefit plan issuers. The Department of Insurance anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources.
The bill would take effect immediately upon receiving a two-thirds majority vote in each house. If the bill does not receive a two-thirds vote in each house, the bill would take effect September 1, 2005.
Source Agencies: | 454 Department of Insurance
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LBB Staff: | JOB, JRO, NV
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