| TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | SB485 by Deuell (Relating to medical loss ratios of preferred provider benefit plan issuers.), As Engrossed |
The bill would amend the Insurance Code relating to medical loss ratios of perferred provider benefit plan issuers. The bill would require certain insurers to include their medical loss ratio in an existing annual report. Based on the analysis provided by the Texas Department of Insurance, any costs associated with collecting the additional information in the annual report could be absorbed within existing resources.
| Source Agencies: | 454 Department of Insurance
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| LBB Staff: | JOB, KJG, MW, CH
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