| TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | HB2329 by Smith, Todd (Relating to the creation of consumer report cards for the comparison of health care plans.), As Introduced |
The bill would amend the Insurance Code to require the Texas Department of Insurance (TDI) and the Office of Public Insurance Counsel (OPIC) to develop and issue an annual health maintenance organization consumer report card. The bill would authorize the commissioner to adopt rules as necessary.
Based on the analysis of TDI, the bill would result in preferred provider organization carriers submitting an annual report to TDI and a revenue gain in the General Revenue - Dedicated Account Fund 36 of $3,700 each fiscal year. 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 and OPIC, duties and responsibilities associated with implementing the provisions of the bill could be accomplished within existing resources.
The bill would take effect September 1, 2007.
| Source Agencies: | 454 Department of Insurance
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| LBB Staff: | JOB, JRO, SK
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