Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB1864 by Smithee (Relating to a prohibition on the coercion of therapeutic optometrists and ophthalmologists by managed care plans.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to a prohibition on the coercion of therapeutic optometrists and ophthalmologists by managed care plans. Based on the analysis provided by the Texas Department of Insurance (TDI), it is assumed that any costs associated with the implementation of this bill would be absorbed within existing agency resources. Also based on information provided by TDI, this analysis assumes that implementation of the bill would result in a one-time revenue gain ($20,700 in fiscal year 2012) in General Revenue-Dedicated Texas Department of Insurance Fund 36 from filing fees. Since General Revenue-Dedicated Texas Department of Insurance Fund 36 is a self-leveling account, this analysis also assumes that any additional revenue resulting from the implementation of the bill would accumulate in the account fund balances and that the department would adjust the assessment of the maintenance tax or other fees accordingly in the following year. Based on the analysis provided by the Optometry Board, it is assumed the bill would not have a fiscal impact on this agency.
Local Government Impact
No fiscal implication to units of local government is anticipated.