LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

March 24, 2009

TO:	Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	SB972 by Averitt (Relating to small and large employer health group cooperatives.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code to define eligible single employee business as it relates to small and large employer health group cooperatives and to add regulations to the health group cooperatives' rating practices. The bill requires the Texas Department of Insurance (TDI) to create processes, rules, and regulations for the health group cooperatives' rating practices and to adopt rules governing the eligibility of single employee businesses in participating in these cooperatives. 

Based on information provided by TDI, any additional costs associated with implementing the provisions of this bill could be absorbed within existing agency resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

454 Department of Insurance

LBB Staff:

JOB, CH, KJG, MW