TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB1169 by Coleman (Relating to health benefit plan coverage for certain physical injuries that are self-inflicted by a minor.), As Introduced |
The bill would require health benefit plan coverage for certain physical injuries that are self-inflicted by a minor.
Based on the analysis of the Teacher Retirement System and the Employees Retirement System, it is anticipated that there would be no costs to the plans administered by those agencies. Based on the analysis of the Texas Department of Insurance (TDI), there may be a one-time revenue gain of $41,300 in fiscal year 2008 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. Based on the analysis of TDI, it is assumed that any costs 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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