Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB207 by Shapleigh (Relating to prohibition of certain compensation based on rescinding, canceling, or limiting coverage under health benefit plans.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code to prohibit certain compensation based on rescinding, canceling, or limiting coverage under health benefit plans. Any costs incurred by the Texas Department of Insurance due to the implementation of this bill are anticipated to be absorbed within existing agency resources. Based on analysis by the University of Texas System Administration and the State Office of Risk Management, this bill will have no fiscal impact on either agency.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
454 Department of Insurance, 479 State Office of Risk Management, 720 The University of Texas System Administration