LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

April 17, 2009

TO:	Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB3264 by Rose (Relating to notifying certain persons of the medical loss ratios of health benefit plan issuers.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code relating to notifying certain persons of the medical loss ratios of health benefit plan issuers. The bill would require certain health care plans to provide notices of the medical loss ratios to enrollees. The bill would require the Texas Department of Insurance (TDI) to adopt rules to implement the provisions of the bill. TDI indicates that any costs associated with the bill could be absorbed within agency resources.

Based on analysis provided by the Employee Retirement System, the Teacher Retirement System, and the University of Texas System Administration, the bill would have no significant fiscal impact on these agencies. Any costs associated with implementation of this bill could be absorbed within existing agency resources.

Based on information provided by the Texas A&M University System Administration, this bill would have no fiscal impact on the agency.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

323 Teacher Retirement System, 327 Employees Retirement System, 454 Department of Insurance, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration

LBB Staff:

JOB, KJG, CH