TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB223 by Gallego (Relating to health benefit plan coverage for certain prosthetic devices, orthotic devices, and related services.), As Introduced |
The bill would require health benefit plan coverage for prosthetic devices, orthotic devices, and related professional services.
Based on the analysis of the Teacher Retirement System and the Employees Retirement System, it is anticipated that any costs to the plans administered by those agencies would not be significant. Based on the analysis of the Texas Department of Insurance (TDI), there may be a small revenue gain to General Revenue Dedicated Account Fund 36 associated with approval filings filed as a result of the bill. Since General Revenue Dedicated Account Fund 36 is a self-leveling account, this analysis assumes all revenue generated would go toward fund balances or the maintenance tax would be set to recover a lower level of revenue the following year. Any costs at TDI associated with implementing the provisions of the bill could be absorbed within existing resources.
The bill would take effect September 1, 2007.
Source Agencies: | 323 Teacher Retirement System, 327 Employees Retirement System, 454 Department of Insurance
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LBB Staff: | JOB, JRO, MW, SK
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